- Alibaba Spins Off Banma in Hong Kong IPO
Filing reveals that Shanghai-based self-driving firm Banma Network Technology will spin off from Alibaba via a Hong Kong listing, reducing Alibaba’s stake from 44.72% to 30%. The move highlights Alibaba’s ongoing restructuring and creates new visibility for its autonomous-driving unit. Deutsche Bank and CICC are joint sponsors.
(SCMP, Techmeme) - B2B Sales Require a ‘Holistic’ Approach
Study finds global B2B sales are projected to hit $36 trillion by 2026. The shift in buyer behavior demands holistic solutions instead of transactional sales.
(news.ku.edu) - Supplier Onboarding Is the Missing Piece in B2B Payment Digitization
Paper checks persist in U.S. B2B transactions mainly because supplier enablement lags. Seamless onboarding will be critical as Gen Z steps into procurement roles.
(pymnts.com) - Auddia Pivots to B2B with AI-Powered Artist Discovery
The company launches Discovr Radio, an AI-driven platform guaranteeing artists and labels radio stream placement, shifting its monetization strategy from consumer subs to B2B.
(stocktitan.net) - Amazon Business Bets Big on B2B E-Commerce
Amazon scales its procurement marketplace with multi-billion-dollar investments and AI tools, targeting a piece of the $10 trillion global procurement market.
(ainvest.com)