FILE - The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in ...
Alibaba may be spinning out its logistics arm in an initial public offering (IPO) that could raise as much as $2 billion. Cainiao Network Technology plans to raise the funds in a listing in Hong Kong ...
Cainiao is an important unit of Alibaba and is a leading logistics player in China. The company has ventured beyond China to provide cross-border services. Cainiao has the right ingredients to grow in ...
Alibaba plans to seek a Hong Kong listing for its fast-growing Cainiao logistics arm. The business grew 34% in the June quarter, is profitable and on a good growth trajectory. Cainiao's growth ...
HONG KONGHONG KONG — Chinese e-commerce company Alibaba said Tuesday that it would spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong, making it ...
Alibaba’s BABA international business-to-business (B2B) e-commerce arm, Alibaba.com, introduced Alibaba Guaranteed for global small and medium-sized enterprises (SMEs). Alibaba Guaranteed is a ...
Months after calling off a planned spinoff of its cloud-computing unit, Alibaba Group Holding Ltd. said its logistics unit will forego initial-public-offering plans as well. Alibaba’s BABA logistics ...
London (CNN) — Alibaba said Tuesday that it would spin off Cainiao, its logistics arm, in what will be the conglomerate’s first initial public offering since it announced a sweeping revamp of its ...