Alibaba'S $135 Million Move Again: Who Will Cooperate With Us This Time?
Alibaba
The group (NYSE:BABA) submitted its documents to the securities and Exchange Commission (SEC), disclosing
Sina micro-blog
A total of 3 million micro-blog shares held by the relevant top management team accounted for 1.4% of micro-blog's total share capital, and the total paction price was $135 million.
After the completion of this paction, Ali owns micro-blog.
stock right
From 30.1% to 31.5%, the voting rights will increase from 14.5% to 15.2%.
Ali bought some micro-blog shares sold by the other company executives, showing Ali's sustained support and optimism for Sina and micro-blog management team.
Ali's continued increase of micro-blog will bring positive signals to both the market and the employees of both sides, and the cooperation between the two sides is expected to be even closer.
In August 31st, Sina (NASDAQ:SINA) issued a notice that its board of directors had authorized Sina to allocate some of its micro-blog (NASDAQ:WB) shares to Sina shareholders, and Sina allocated 1 shares of shares to each shareholder holding 10 shares.
After the paction, Sina's stake in micro-blog will be reduced from 54% to 51%, and the voting rights will be reduced from 78% to 75%.
Driven by growth, micro-blog shares surged in the past month, closing at US $49.22 in September 8th, an increase of more than 44%.
Sina's share price also increased by 34% over the same period.
In April 29, 2013, Alibaba Group subsidiary Alibaba (China) signed a strategic cooperation agreement with sina micro-blog. The former purchased Sina's preferred stock and common stock with us $586 million, accounting for about 18% of the total diluted shares of micro-blog company.
In addition, Sina granted an option to Alibaba, allowing Alibaba to increase its share of micro-blog's full diluted share to 30% in the future in a predetermined pricing way.
In April 17, 2014, micro-blog listed on NASDAQ.
According to the agreement, Ali raised its share of micro-blog diluted to 30% after 449 million yuan.
According to micro-blog's latest stock price, Ali's investment in micro-blog has recorded three times earnings.
- Related reading
Zhao Liying And Joker Xue Have A Hot Effect On The Live Broadcast Market Of Live Broadcasting Stations.
|
- Fabric accessories | Ji Lu Yu: The Yarn Market Is Slow To Start And The New Orders Are Very Few (2019.2.18-22).
- Industry perspective | Qingdao West Coast Comprehensive Bonded Zone Focuses On Cultivating High-End Textile Industry
- Industry dialysis | Evaluation Index System For Cleaner Production Of Six Types Of Chemical Fiber Industry
- Local hotspot | Sericulture Industry Development In Fengjie County Of Chongqing City Provides Impetus For Tackling Poverty
- Local hotspot | Planting Mulberry, Raising Silkworms And Helping Farmers Increase Income In Hezhang County Of Guizhou Province
- Management strategy | Teach You To Adjust Clothes: How To Pick Fur In Winter?
- DIY life | How Can Fur Be Dressed Without Being Affected?
- Fabric accessories | PX Pulled Up $12. How Long Can The Polyester Filament Last? (2.22)
- DIY life | Learning Song Hye Kyo To Wear A Medium Length Suit Makes You Feminine.
- Fashion shoes | Anta'S Acquisition Of Amer Sports Postponed The Parent Company Is Not Yet Something.
- Nike Set Up A New VR Experience Zone In Shanghai Huaihai Brand Experience Shop.
- Shawn Colvin G Brand Story
- Do You Have These Brands In Your Daily Cosmetics? State Food And Drug Administration Announces Unqualified Cosmetics
- We Should Try These Methods In Order To Turn The Battle For The Retail Industry.
- 六大電商?巨頭下一步將布局這個領域？提前搶灘抓優(yōu)勢
- The Whole Japanese Business Circle Has Been Sensational: The Integration And Confrontation Of The Electric Giant.
- 2016 The Overall Market Analysis Of Industrial Textiles In The Second Half Of The Year
- Metersbonwe: Ingenuity And Dream Leap The Future
- Old Navy2016 Autumn Winter New Product Release: Satisfy All Your Imagination Of Tannin.
- Clothing Custom Platform Yi Bang People: Solve The Two Major Problems Of Clothing Customization