Sudden! Alibaba withdraws Cainiao listing application
Ingress Chinese Student Investment (ICSI)
![Ingress Chinese Student Investment (ICSI)]()
Ingress Chinese Student Investment (ICSI)
ICSI is a student-run organization that provides financial education and stock investment practice on OSU campus.
Alibaba?Group?plans?to?issue?an?offer?to?Cainiao?minority?shareholders?at?a?price?of?US$0.62?per?share,?with?a?maximum?total?consideration?of?US$3.75?billion,?and?adjust?some?of?Cainiao's?businesses?to?support?strategic?synergies?with?other?groups.?At?the?same?time,?Alibaba?continues?to?adjust?and?focus?its?business,?clearing?Bilibili?and?some?other?non-core?business?stocks.