Alibaba to spin off Banma self-driving business via Hong Kong IPO
- Posted on August 21, 2025
- By South China Morning Post
- 3 Views
Alibaba to spin off Banma self-driving business via Hong Kong IPO
Alibaba’s stake in Banma will drop to 30 per cent from the current 44.72 per cent after the IPO, the tech behemoth says.
