February 13, 2025 07:43 GMT
EM ASIA CREDIT: AliBaba (BABA, A1/A+/A+) confirms deal with Apple
EM ASIA CREDIT
AliBaba (BABA, A1/A+/A+)
"*ALIBABA'S JOE TSAI CONFIRMS COOPERATION WITH APPLE: YICAI" - BBG
- Alibaba Chairman Joe Tsai has confirmed in a Yicai report that the firm will partner with Apple on the iPhone. Apple has about 15% of the smartphone market in China, having lost share to rivals Vivo and Huawei. Overall positive for spreads.

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