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Sep 26, 2023 · The company currently owns nearly a 70% stake in Cainiao, Alibaba’s main delivery arm that handles logistics and parcels for merchants both in China and abroad.
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.
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...
Feb 7, 2024 · Alibaba puts IPO for its logistics arm Cainiao on hold. Chair Joe Tsai blames market conditions for the decision while quarterly sales figures fall short of expectations. Alibaba added $25bn...
Sep 26, 2023 · Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be separated since the Chinese e-commerce...
Mar 26, 2024 · Alibaba Group Holding Ltd. called off an initial public offering for its Cainiao logistics arm in Hong Kong, shelving a $1 billion -plus deal in a surprise move that underscores its new...
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Pei Li. 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 first of the Chinese e-commerce leader’s units to go public.
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