On April 25, Yaocai Securities, a company listed on the Hong Kong Stock Exchange, announced that Shanghai Yunjin Information Technology Co., Ltd., through its subsidiary Ant Wealth, had launched a tender offer to acquire the company at a price of HK$3.28 per share, a 7.5% premium over the last closing price before suspension. This acquisition marks a deepening of Alibaba’s position in the financial technology sector, as it gains control of a local Hong Kong securities firm and secures crucial financial licenses, further accelerating its global strategy.

E-commerce and New Retail

This move in the financial sector aligns with Alibaba’s broader business strategy. In its core e-commerce and new retail segments, Alibaba has built a solid foundation with Taobao and Tmall. The company strengthened its vertical e-commerce and Southeast Asia market presence by acquiring NetEase Kaola and controlling Lazada. Additionally, Alibaba has invested in offline retail companies such as Suning.com, Walmart, and Intime to drive the integration of online and offline retail, creating a smart retail ecosystem.

Logistics and Supply Chain

In the logistics and supply chain sector, which supports its e-commerce operations, Cainiao Network has integrated resources from major express companies like ZTO Express, YTO Express, Shentong Express, and Best Express, and it is leveraging cross-border logistics capabilities such as Singapore Post to move toward its goal of “global delivery within 72 hours.”

Digital Entertainment

In the digital entertainment sector, Alibaba is building a complete content ecosystem by using platforms like Youku Tudou and Alibaba Pictures, combined with content investments in companies like Wanda Film and Huayi Brothers.

Local Life Services

In the local life services sector, Alibaba has integrated Ele.me with Koubei to compete directly with Meituan, while also strengthening its community services through initiatives like Hema Xiansheng (Hema Fresh) and Cainiao Post.

Cloud Computing and Technology

In cloud computing and technology, Alibaba Cloud has become the third-largest cloud service provider globally. The company continues to invest heavily in AI, big data, and the Internet of Things (IoT). Alibaba has invested in technology companies such as Cambricon (AI chips), XPeng Motors (smart cars), and Qianfang Technology (smart transportation), pushing for the digital transformation of industries.

In addition to its core areas, Alibaba is also actively expanding into sectors like education, social networking, and healthcare. These strategic moves collectively form Alibaba's complete business ecosystem, where each business sector supports and strengthens the others, reinforcing its position as a digital empire.