Yahoo Canada Web Search

Search results

      • HONG KONG (AP) — 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 unit to go public following a major restructuring.
      apnews.com/article/alibaba-cainiao-ipo-hong-kong-95e01d4ff2c29c38ad3a81ef57cb73fc
  1. People also ask

  2. Sep 26, 2023 · Alibaba Group said it intends to spin off its logistics arm, Cainiao Smart Logistics Network, through a Hong Kong listing. Hong Kong’s stock exchange has already green-lit the spin-off, which will leave the Hangzhou-based holding company with over 50% of Cainiao.

  3. Sep 26, 2023 · The Chinese e-commerce and cloud services giant will remain Cainiao’s majority shareholder, though it will reduce its current 70% stake to a 50% holding, according to the filing. Cainiao will...

  4. 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2024 · Alibaba Group Holding Ltd said on Tuesday night that its logistics unit, Cainiao Smart Logistics Network, had withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.

  5. 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.

  6. Sep 26, 2023 · 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 the first business unit to go public following a major restructuring.

    • zsoo@ap.org
    • Technology Reporter
  7. Sep 26, 2023 · Alibaba Group Announces Proposed Spin-off and Separate Listing of Cainiao Smart Logistics Network Limited on the Main Board of the Stock Exchange of Hong Kong Limited September 26, 2023 This press release is available in PDF version only.

  8. Sep 26, 2023 · (Bloomberg) -- Cainiao Smart Logistics Network Ltd., the logistics arm of Alibaba Group Holding Ltd., has filed for its Hong Kong initial public offering, potentially making it among the...

  1. People also search for