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BEST BEST Inc

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2.7400
+0.0100+0.37%

Close Jul 8 16:00 ET

55.06MMarket Cap-547P/E (TTM)

BEST Inc Stock Forum

Kuries

Nov 16, 2023 00:33

Alibaba's changes in listed company ownership from 8/15/23 to 11/15/23:

Added: $XPeng(XPEV.US)$ $BEST Inc(BEST.US)$
Reduced: $Bilibili(BILI.US)$ $Hello Group(MOMO.US)$ $Weibo(WB.US)$
$ALIBABA GROUP HOLDING LTD(BABAF.US)$ $Alibaba(BABA.US)$ $BABA-SW(09988.HK)$ $Hang Seng TECH Index(800700.HK)$ $China Concept Stocks(LIST2517.US)$ $XPENG-W(09868.HK)$ $BILIBILI-W(09626.HK)$

Kuries

Nov 9, 2023 02:45

BEST's Potential Privatization Has No Impact on Biz, Does Not Mean Takeover by Alibaba/ Cainiao

BEST announced that it has received a buyout offer from a consortium formed by investors including $BABA-SW(09988.HK)$ and Cainiao.
However, 21st Century Business Herald cited sources as saying that, while BABA and Cainiao are among the investors of the consortium, relevant transaction is part of BEST's regular privatization process and does not affect the company's business operations. It al...

Spinee

Nov 6, 2023 20:53

For tech stocks

$BABA-SW(09988.HK)$ , Cainiao and others have formed a consortium and made a takeover bid to $BEST Inc(BEST.US)$ . BABA opened 0.5% lower at $84.4.
For other tech stocks, $TENCENT(00700.HK)$ opened flat at $312.6, while $XIAOMI-W(01810.HK)$ , $BIDU-SW(09888.HK)$ and $NTES-S(09999.HK)$ opened 1.5% lower. $KUAISHOU-W(01024.HK)$ and $BILIBILI-W(09626.HK)$ each started 2% and 3.6% lower. $MEITUAN-W(03690.HK)$ and $JD-SW(09618.HK)$ opened ...

Spinee: 恒指开盘下跌116点；蔚来、小鹏和利汽车走弱

Kuries

Nov 6, 2023 20:41

BEST Receives Buyout Offer from Consortium Formed by Alibaba, Cainiao & Others

$BEST Inc(BEST.US)$ announced that the board of directors of the company received a preliminary non-binding proposal letter from the firm's founder, chairman and CEO Shao-Ning Johnny Chou, which contains a preliminary buyout offer from a consortium formed by investors including $BABA-SW(09988.HK)$ , Cainiao and Johnny Chou himself.
The consortium proposed to acquire all outstanding shares in BEST at US$...