Alibaba (NYSE:BABA) is spinning off its logistics unit Cainiao Network Technology via an IPO on the Main Board of the Hong Kong Stock Exchange. In a regulatory filing on Tuesday, the Chinese ...
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 ...
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 ...
SYDNEY/HONG KONG, May 8 (Reuters) - Alibaba's (9988.HK), opens new tab logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the ...
HONG KONG (AP) — Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing ...
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 ...
Over the medium term, Alibaba Group and its financing partners will commit between RMB20 billion and RMB30 billion (US$3 billion to US$4.5 billion). The company hopes to spark a total investment of ...
Alibaba Group Holding (NYSE:BABA) and its Chinese hyperscalar rivals have responded to the domestic regulatory crackdown and economic weakness by opening their walled gardens to one another. JD ...
HONG KONGHONG KONG — Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing ...
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 ...
With China tech under intense regulatory scrutiny, a new deal by Alibaba’s (NYSE:BABA) Cainiao logistics arm to buy 30% of Baozun Inc’s (NASDAQ:BZUN) warehouse and fulfillment subsidiary Baotong for ...