Why Alibaba is Scrapping Cainiao IPO | BABA Stock

I report and discuss the latest Alibaba stock news that Alibaba is scrapping the previously planned IPO of its large logistics unit Cainiao, and is planning to acquire the remaining stake it does not own. See below timestamps: 00:14 Cainiao IPO withdrawal and share acquisition news 01:46 Recent BABA stock price action 02:40 Investing for strategic growth  08:15 Cainiao segment financial results - revenue growth 09:07 Mainstream financial media take on the news Related episodes: Alibaba Stock: Is The Bottom In? Chairman Joe Tsai Interview! https://youtu.be/eZ4x8z2qjII Alibaba Stock Earnings Summary + My Opinion | BABA Stock https://youtu.be/TJnjxv8LNL0 Join The Art of Value Patreon for exclusive content and to support the channel: https://www.patreon.com/TheArtofValue Disclaimer: I am not a financial adviser and nothing in this content is financial advice. This content is for education and entertainment purposes only. Do your own analysis and/or seek professional financial advice before making any investment decision.