Alibaba Group Holding plans to spin off its Banma Network Technology unit through an initial public offering (IPO), as one of ...

BABA's Banma spin-off aims to cut cash drain, boost capital efficiency and refocus investments on core growth drivers.

TMTPOST -- Chinese e-commerce powerhouse Alibaba Group Holding is planning to spin off Banma Network Technology, a leading developer of smart vehicle operating systems, for a listing on the Hong Kong ...

Alibaba said on Thursday that autonomous-driving software firm Banma Network Technology is planning a separate listing on the Hong Kong Stock Exchange.

Alibaba-backed smart cockpit solutions company Banma Network Technology is planning an initial public offering in Hong Kong, adding to the city's busy deal pipeline. Alibaba said Thursday that it ...

Alibaba Group Holding Ltd. ( ($HK:9988) ) just unveiled an update. Alibaba Group Holding Limited announced a proposed spin-off and separate ...

Investing.com-- Alibaba (NYSE: BABA) Group (HK: 9988) said on Thursday that autonomous-driving software firm Banma Network Technology is seeking a separate listing on the Hong Kong Stock Exchange.

Alibaba plans to spin off Banma, its smart vehicle tech unit, through a Hong Kong IPO that would reduce its stake to 30%. The listing, which has received initial approval, would mark Alibaba’s first ...

NEW YORK, Aug. 19, 2025 /PRNewswire/ -- Alibaba.com, a leading business-to-business (B2B) e-commerce platform, today ...