Today, 8:40 AMAlibaba prices record HK$80B Hong Kong share placement at 8.4% discount to fund AI as Chairman Joseph Tsai and CEO Eddie Wu buy roughly HK$120M (US$15.3M) of shares
Alibaba Group Holding Ltd. engages in providing technology infrastructure and marketing reach. It operates through the following business segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others segments. The Core Commerce segment consists of platforms operating in retail and wholesale. The China Commerce segment includes China commerce retail and wholesale businesses. The International Commerce segment focuses on international commerce retail and wholesale businesses. The Local Consumer Services segment is involved in To-Home businesses, which include Ele.me, local services and delivery platform, and Taoxianda, and To-Destination segment businesses which include Amap, the provider of mobile digital map, navigation and real-time traffic information, and restaurant and local services guide platform. The Cainiao segment has Cainiao Network and offers domestic and international one-stop-shop logistics services and supply chain management solution. The Cloud segment includes Alibaba Cloud and DingTalk. The company was founded by Chung Tsai and Yun Ma on June 28, 1999 and is headquartered in Hangzhou, China.
Insulet Corp. is a medical device company, which engages in the development, manufacture, and marketing of an insulin infusion system for people with insulin-dependent diabetes. It specializes in diabetes supplies, including the OmniPod System, as well as other diabetes related products and supplies such as blood glucose testing supplies, traditional insulin pumps, pump supplies, and pharmaceuticals. The company was founded by John L. Brooks III and John T. Garibotto in July 2000 and is headquartered in Acton, MA.
CEOMs. Ashley A. McEvoy
Executive VP & CFOMs. Flavia H. Pease
Executive VP & COOMr. Eric Benjamin
Senior VP & General CounselMr. John Wodick Kapples J.D.
Senior Vice President of Global OperationsMr. Prem Singh
T Stamp, Inc. engages in development of proprietary artificial intelligence-powered solutions. It also focuses on researching and leveraging machine learning artificial intelligence, including computer vision, cryptography, and data mining, to process and protect data for identification against fraud. The company was founded by Gareth Genner, Andrew Gowasack, Catherine Lambert and Mike Lindenau on November 9, 2015 and is headquartered in Atlanta, GA.
17 Education & Technology Group, Inc. engages in the provision of educational technology solutions. Its in-school plus after-school integrated model delivers data-driven teaching, learning and assessment products to teachers, students and parents. The firm offers online K-12 large-class after-school tutoring services that complement students' in-school learning. The company was founded by Jia Wei Gan and Bing Yuan on October 30, 2012 and is headquartered Beijing, China.
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