Opinion: Lesser-known Western companies in Russia are avoiding political action [Yahoo! Finance]
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: Yahoo! Finance
More than 400 foreign companies in Russia, most of which are from Western countries, have suspended business activity in the country or announced plans to divest entirely since the start of the Ukraine invasion. These range from household names such as IKEA to more obscure organisations like the International Cat Federation (which has banned Russian felines from international competitions). Although these companies grow in number each day, a significant minority of multinationals in Russia (the vast majority of them Western) have remained silent on the issue and taken no public action to boycott or divest from the market. Below is a list of those, compiled by Yale School of Management – last dated 25 March. Acer Alibaba AstraZeneca Asus Auchan-Retail Asus Ball Corporation Calfrac Well Services Carrefour Cersanit Cloudflare Credit Suisse Didi doTERRA Decathlon FM Global Glencore Grief Gruma Huawei ID Logistics International Paper IPG P
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- 8/15/24 - Beat
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- 9/13/24 - Form 6-K
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- BABA's page on the SEC website