Saudi Arabia's Public Investment Fund Sells Stake in Meta, Alibaba, FedEx

The Saudi Public Investment Fund has dissolved its share stakes in Meta, Alibaba, and FedEx. The fund's decision is part of its efforts to restructure its investments and focus on strategic sectors. FedEx is the world leader in express shipping, with sales primarily generated from mail and express shipping services, small package delivery, large package delivery, and other services. The US accounts for the majority of its net sales.

The Saudi Public Investment Fund (PIF) has announced the dissolution of its share stakes in Meta, Alibaba, and FedEx. This decision is part of the fund's ongoing efforts to restructure its investment portfolio and focus on strategic sectors. The dissolution comes as PIF aims to streamline its holdings and allocate resources to more promising opportunities within the tech and logistics industries.

Meta, the parent company of Facebook and Instagram, has been a significant player in the social media landscape. However, the fund's decision to divest its stake suggests a shift in focus towards more strategic investments. Alibaba, a leading e-commerce and technology company, has been under scrutiny for its strategic AI investments and regulatory challenges. Despite its stock climbing ahead of its earnings report, the fund's exit indicates a strategic realignment [1].

FedEx, the world leader in express shipping, has seen its sales primarily generated from mail and express shipping services, small package delivery, large package delivery, and other services. The US accounts for the majority of its net sales. The fund's decision to divest its stake in FedEx may be driven by the company's focus on its core business and potential opportunities in other sectors.

The Saudi Public Investment Fund's move to divest from these companies reflects its strategy to focus on sectors that align more closely with its long-term vision. This strategic realignment is part of the fund's broader effort to diversify its investments and support the Kingdom's economic diversification initiatives under Vision 2030. By dissolving these stakes, PIF aims to allocate resources to more promising opportunities within the tech and logistics industries, aligning with its long-term investment goals.

References:
[1] https://sherepricetarget.com/alibaba-stock-nyse-baba-climbs-ahead-of-earnings-amid-ai-scrutiny-and-strategic-investments/
[2] https://www.globenewswire.com/news-release/2025/08/13/3132341/28124/en/Saudi-Arabia-10-2-Bn-Automotive-Components-Markets-Competition-Forecast-Opportunities-2030F.html