Alibaba International headquarters in Hangzhou, Zhejiang Province, China, on May 9, 2024.
Norfuto Norfuto Gety pictures
Ali Baba-Backed Banma, a technology provider for smart cars, plans to include stocks on the Hong Kong stock exchange, according to a deposit.
in presentation On August 21, Alibaba said that she currently possesses about 45 % of Banma and will continue to control more than 30 % of the company’s shares after listing. He said, while in a presentation The advertisement does not guarantee that the list is completed.
The Ababa file says: In March, Ali Baba Declare It was deepening its partnership with BMW in China, and building an artificial intelligence engine for cars with a solution that was previously built, “The smart cockpit solution is provided in Ali Baba.”
In addition to Alibaba, Banma is supported by investors including SAIC Motor in China, SDIC Investment Management, and ThirstAnd it is a Chinese investment company started by the founder of Ali Baba Jack in.
Ali Baba in the past Referred To Banma as a joint venture “Between us and motor motor”.
He watches: The “daily application” battle in China can divide the food delivery sector

https://image.cnbcfm.com/api/v1/image/108047641-1728974859747-gettyimages-2151568825-cfoto-alibabag240509_npFiN.jpeg?v=1755729574&w=1920&h=1080
Source link