Search results
- On March 26, 2024, Alibaba, which holds approximately 64% of Cainiao’s shares, said it would acquire the remaining 36% of Cainiao’s shares.
en.wikipedia.org/wiki/Cainiao
People also ask
Will Alibaba buy Cainiao smart logistics network limited?
Is Cainiao a subsidiary of Alibaba?
Will Alibaba spin off Cainiao?
Is Cainiao a unicorn company?
Will Alibaba sell Cainiao shares?
Is Cainiao still a shareholder?
Mar 26, 2024 · SHANGHAI : Alibaba Group said on Tuesday it was offering to buy the 36 per cent of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO)...
Cainiao Smart Logistics Network Limited (Chinese: 菜鸟网络科技有限公司), formerly known as China Smart Logistics Network, is a Chinese logistics company launched by Alibaba Group, jointly with eight other companies, on 28 May 2013. [1]
Mar 26, 2024 · Alibaba Group Holding Ltd said on Tuesday night that its logistics unit, Cainiao Smart Logistics Network, had withdrawn its initial public offering and listing application on the Hong Kong Stock ...
Mar 26, 2024 · Alibaba Group has proposed to purchase all outstanding shares of Cainiao Smart Logistics Network Limited while concurrently withdrawing its IPO and listing application, the company announced on Tuesday.
Sep 26, 2023 · Cainiao will remain a subsidiary of Alibaba. Founded in 2013, Cainiao operates a global logistics network and provides delivery services for Alibaba and other firms. Its revenue rose 34% in...
Mar 28, 2024 · Alibaba announced its Cainiao spin-off as part of broader restructuring that included turning its international e-commerce unit into a standalone business headed by Jiang Fan, previously...
Mar 26, 2024 · Alibaba Group Holding Ltd. BABA-N said on Tuesday it was offering to buy the 36 per cent of Cainiao it does not already own for up to US$3.75-billion, abandoning plans for an initial public...