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Withdraw Cainiao IPO

$Alibaba (BABA.US)$ Alibaba Group Holding announces the withdrawal of Cainiao Smart Logistics Network 's initial public offering on the Hong Kong Stock Exchange. Alibaba plans to offer minority shareholders of Cainiao the opportunity to sell their shares to Alibaba at $0.62 per share, totaling up to $3.75 billion.
WTF!????
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