HONG KONG -- Alibaba Group Holding is "not in a hurry" to proceed with initial public offerings of Cainiao Smart Logistics and brick-and-mortar chain Freshippo, Chairman Joe Tsai said in an earnings call on Wednesday night, citing challenging market conditions.
Technology
Alibaba 'not in a hurry' with Cainiao, Freshippo IPOs: Chairman Tsai
Group misses revenue forecast, announces another $25bn share buyback
Alibaba Group Holding's third-quarter revenue missed analyst forecasts. © Reuters
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