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Cainiao
- Alibaba will continue to be a majority shareholder in Cainiao, holding over 50% of the company and retaining it as a subsidiary. 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.
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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.
- Alibaba Scraps Logistics Arm’s IPO After Market Turmoil Worsens
Alibaba, which owns 64% of Cainiao, now plans to buy out all...
- Alibaba’s Logistics Arm Files for $1 Billion-Plus IPO
(Bloomberg) -- Cainiao Smart Logistics Network Ltd., the...
- Alibaba Scraps Logistics Arm’s IPO After Market Turmoil Worsens
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...
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. Alibaba owns about 69.54% of Cainiao as of Tuesday’s announcement.
Mar 26, 2024 · Alibaba, which owns 64% of Cainiao, now plans to buy out all remaining stock held by investors and employees for $3.75 billion, absorbing the fast-growing entity into its broader online...
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...
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...
Sep 26, 2023 · Alibaba will continue to be a majority shareholder in Cainiao, holding over 50% of the company and retaining it as a subsidiary. 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.
