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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 business ...
Alibaba Group received a green light from Hong Kong's stock exchange to take its Cainiao logistics business public, in what could be the first of several large listings of the Chinese internet ...
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 challenging IPO ...
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 the first business ...
People visit a Cainiao booth during the 3rd China International Consumer Products Expo at Haikou, Hainan province, China on April 14, 2023. Alibaba’s logistics arm Cainiao Logistics, which is ...
Alibaba looks to retain over 50% of the unit's shares and keep Cainiao as a subsidiary. Due to weak sentiment, Alibaba is putting the Hong Kong IPO of its Freshippo grocery chain on the back burner.
Alibaba Group Holding Ltd.’s BABA Cainiao logistics unit has started to prepare for an initial public offering in Hong Kong that could occur as soon as the end of this year, Bloomberg News ...
Intelligence officers in Belgium are monitoring Alibaba’s logistics hub in Europe for possible espionage on behalf of the Chinese government.
Alibaba’s logistics arm Cainiao announced a development plan for Brazil on Monday, including the proposed opening of a Latin American headquarters in Sao Paulo. The company said in a press release ...
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 business ...
Chinese e-commerce company Alibaba said Tuesday, Sept. 26, 2023, that it would spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong, making it ...
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