Tech

After suffering huge losses, SoftBank plans to reduce Alibaba’s stake from 23.7% on June 30 to 14.6%, raising about $34 billion in the current quarter (Kosaku Narioka/Wall Street) Journal)




Kosaku Narioka / The Wall Street Journal:

After suffering huge losses, SoftBank plans to reduce its stake in Alibaba from 23.7% on June 30 to 14.6%, raising about $34 billion in the current quarter.– Japanese tech investor eased ties with Chinese e-commerce company and used stake to raise cash





Source link

news5s

News5s: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button