Why did SoftBank sell Alibaba
The move was “designed to unlock shareholder value and foster market competitiveness,” Alibaba said in a statement. In 2020, Son stepped down from Alibaba's board, shortly after Alibaba co-founder Jack Ma resigned from SoftBank's board.
Is SoftBank selling Alibaba shares
Why SoftBank Is Selling Alibaba Stock—and What It Means for China's Tech Titan. Alibaba stock rose after a report that technology investment group SoftBank moved to sell down most of its remaining stake in the company, in which it was an early investor.
How much of Alibaba is owned by SoftBank
3.8%
The sales, uncovered through an analysis of the Japanese tech investor's regulatory filings, will reduce SoftBank's stake in Alibaba from almost 15% to just 3.8%, the FT reported.
Why did Alibaba fall
“Both Alibaba and rival Tencent have announced price cuts for their cloud-computing services amid weak corporate demand and excess capacity, which has plunged the industry into a price war,” wrote Sergio Avila, a market analyst at IG, in a research note.
What happened to Alibaba in China
In November 2020, Ant Group — a financial affiliate of Alibaba also founded by Ma — was forced to pull its $37 billion IPO at the last minute following a speech from Ma in which he criticized China's banks and financial regulators. The next year, Alibaba was hit with a record fine from China's antitrust regulators.
Does SoftBank still own BABA
SoftBank Group
SoftBank's Alibaba stake is now worth nearly $57 billion. SoftBank sold part of its stake in 2019, booking over $11 billion in pre-tax profits. Then in July 2020, the company is said to have sold an additional $2.2 billion of its stake in Alibaba.
Who is the largest shareholder of Alibaba
SOFTBANK GROUP CORP.
Shareholders
| Name | Equities | % |
|---|---|---|
| SOFTBANK GROUP CORP. 13.64 % | 2,889,209,112 | 13.64 % |
| The Vanguard Group, Inc. 2.764 % | 585,346,257 | 2.764 % |
| Ma Family 2.254 % | 477,348,512 | 2.254 % |
| APN Ltd. 1.889 % | 400,000,000 | 1.889 % |
Does SoftBank still own Baba
SoftBank Group
SoftBank's Alibaba stake is now worth nearly $57 billion. SoftBank sold part of its stake in 2019, booking over $11 billion in pre-tax profits. Then in July 2020, the company is said to have sold an additional $2.2 billion of its stake in Alibaba.
What is the scandal of Alibaba
Chinese tech giant Alibaba has reportedly fired a female employee who accused her former boss of molesting and raping her during a business trip earlier this year. The revelation has renewed the public's scrutiny over workplace harassment, which many Chinese women experience.
Why not to invest in Alibaba
Alibaba's downfall was caused by regulatory, competitive, and macro headwinds. In September 2021, China's antitrust regulators hit Alibaba with a record $2.8 billion fine, forced it to end its exclusive deals with merchants and aggressive promotions, and closely scrutinized its previous and planned investments.
Why did China fine Alibaba
SHANGHAI, April 10 (Reuters) – China slapped a record 18 billion yuan ($2.75 billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years.
Who is the biggest shareholder of Alibaba
Here are Alibaba's five largest individual and institutional shareholders as of Q3 2022, unless otherwise indicated.SoftBank Group. SoftBank's stake in Alibaba is equivalent to approximately 24% of the company; it is Alibaba's largest shareholder.Jack Ma.Joseph Tsai.Goldman Sachs.Primecap Mgmt.
Why is Alibaba falling
Alibaba stock has come under pressure amid worries of a Chinese economic slowdown. Alibaba and other Chinese tech stocks were weaker Tuesday amid increasing fears of an economic slowdown in China.
Who are the top 10 owners of Baba
Top Institutional Holders
| Holder | Shares | Value |
|---|---|---|
| Primecap Management Company | 17,283,277 | 1,592,999,609 |
| Dodge & Cox Inc | 12,633,812 | 1,164,458,428 |
| Price (T.Rowe) Associates Inc | 11,034,187 | 1,017,020,995 |
| FIL LTD | 10,671,167 | 983,561,442 |
Who is the largest shareholder of SoftBank
SoftBank Group Japan Corp was the largest shareholder of the company with a stake of over 1.91 billion shares, amounting to about 40% of the total shares issued. The Bloomberg Billionaire Index said Masayoshi Son was the largest individual shareholder of SoftBank Group through direct stakes and holding companies.
Why is Alibaba declining
A slowing economy, Chinese government regulations, and the lingering impact of COVID lockdowns are expected to be headwinds. Alibaba's domestic commerce revenue, representing two-thirds of its sales, could fall for a third consecutive quarter.
Why is Alibaba stock so weak
Alibaba stock has come under pressure amid worries of a Chinese economic slowdown. Alibaba and other Chinese tech stocks were weaker Tuesday amid increasing fears of an economic slowdown in China.
Why is Alibaba losing value
The stock has lost more than 70% of its value since late 2020, hammered by regulatory crackdowns, rising competition from the likes of JD.com (JD) and Pinduoduo (PDD), and a Covid-induced slowdown in the world's second-largest economy.
What is the problem with Alibaba company
The company did not provide a full-year revenue forecast when it published its results in May. Still reeling from Beijing's regulatory tech sector crackdown since late 2020, Alibaba was targeted for alleged anti-competitive practices which saw it hit by a record fine of US$2.75 billion.
Who is Alibaba biggest shareholder
Here are Alibaba's five largest individual and institutional shareholders as of Q3 2022, unless otherwise indicated.SoftBank Group. SoftBank's stake in Alibaba is equivalent to approximately 24% of the company; it is Alibaba's largest shareholder.Jack Ma.Joseph Tsai.Goldman Sachs.Primecap Mgmt.
Who is the biggest investor in Baba
Alibaba (NYSE: BABA) is owned by 1.72% institutional shareholders, 0.00% Alibaba insiders, and 98.28% retail investors. Primecap Management Co is the largest individual Alibaba shareholder, owning 17.28M shares representing 0.08% of the company. Primecap Management Co's Alibaba shares are currently valued at $1.63B.
How SoftBank lost $70 billion
After the dot-com bubble burst, his company Softbank's shares plunged 75 percent in two months and was 93 percent lower by the end of 2000. The business almost went bankrupt and Son ended up losing USD 70 billion, the highest ever recorded financial loss for a person in history.
Will BABA ever recover
The website's algorithm-based analysis projected that the BABA share price could fall to $2.54 by the end of 2022. However, Coin Price Forecast projected the price could recover, although it would take 12 years to return to the previous all-time high above $300.
Why Alibaba is a risky investment
Some of the key risks to consider when investing in Alibaba include the regulatory environment in China, economic and political instability in the country, and currency fluctuations. The regulatory environment in China can change rapidly and can have a significant impact on businesses operating in the country.
Could BABA reach $1,000
Drawing a straightforward trend line price chart, BABA shares could reach $1,000 sometime in the first quarter of 2027 if it crawls along with the support level. Alibaba's P/E ratio would compress to a mere 11 times on a forward basis (FY2026) and this is based on the current depressed environment.
