Alibaba's Tsai-backed firm buys 12% of Italian luxury sneaker maker Golden Goose
Blue Pool, a Hong Kong-based investment firm backed by Alibaba co-founder Joe Tsai, has bought a 12% stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday. The investment comes after the maker of $600 a pair sneakers abruptly pulled plans for a stock market listing last year.
Alibaba co-founder takes stake in Italian luxury sneaker maker Golden Goose
Blue Pool has bought a 12 per cent stake in Italian luxury sneaker maker Golden Goose, the Venice-based brand said on Tuesday.
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Golden Goose stake sale values luxury sports shoe group at €2.2bn
An investment group backed by Alibaba co-founder Joe Tsai has bought a 12 per cent stake in Golden Goose in a deal that values the Italian luxury sports shoe brand at more than €2.2bn, according to people briefed on the situation.
Hong Kong stocks jump as UBS sees big fund inflows amid state support plans
UBS estimates US$236 billion of fund inflows in 2025 as a result of Beijing’s directive to funds to shore up the capital markets.
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Alibaba Cloud named leader in Gartner® Magic Quadrant™ for Cloud Database Management Systems for 5th straight year
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Golden Goose Welcomes New Investor Blue Pool Capital
The Hong Kong-based family office set up by Joe Tsai, cofounder and chairman of the Alibaba Group, has acquired a 12 percent stake in the Italian company.
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Stock Futures Mixed Ahead of Fed Rate Decision
The Cboe Options Exchange (CBOE) saw more than 1.8 million call contracts and 967,197 put contracts exchanged on Tuesday. The single-session equity put/call ratio fell to 0.53 and the 21-day moving average stayed at 0.60.
Why Hedge Funds Are Bullish on Alibaba Group (BABA)
We recently compiled a list of the 10 Best Cloud Stocks To Buy According to Hedge Funds. In this article, we are going to take a look at where Alibaba Group (NYSE:BABA) stands against the other cloud stocks.