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1. • • Alibaba said Tuesday it is canceling the proposed initial public offering of its Cainiao smart logistics unit. The company has withdrawn its IPO and listing application for Cainiao and will instead buy the remaining shares of the company it doesn't already own.
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     Alibaba scraps IPO of logistics unit Cainiao, says it will ...

2. People also ask

   Will Alibaba buy Cainiao?

   • March 26 (Reuters) - Alibaba Group (9988.HK) said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics business in Hong Kong.

   Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO

   www.reuters.com/markets/asia/alibaba-dumps-logistics-arm-ipo-buy-rest-cainiao-stake-up-38-bln-2024-03-26/

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   What will Alibaba Group do after Cainiao's offer?

   • After completion of the Offer, Alibaba Group plans to align Cainiao’s business to better realize strategic synergies with Taobao and Tmall Group and Alibaba International Digital Commerce Group, as well as support Cainiao to execute a long-term strategic expansion of its global logistics network.

   Alibaba Group Cainiao IPO Update and Share Purchase Offer Conferenc…

   finance.yahoo.com/news/alibaba-group-cainiao-ipo-share-104000565.html

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   Will Alibaba spin off Cainiao smart logistics network?

   • 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. (AP Photo/Mark Schiefelbein, File) (ASSOCIATED PRESS)

   Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong

   finance.yahoo.com/news/alibaba-spin-off-logistics-arm-110048607.html

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   What is the Cainiao IPO?

   • The Cainiao IPO would be the first of Alibaba’s business units to undergo an initial public offering. The firm recently saw a change in leadership, with new CEO Eddie Wu taking over the reins earlier this month from Daniel Zhang.

   Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong

   finance.yahoo.com/news/alibaba-spin-off-logistics-arm-110048607.html

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   Is Cainiao smart logistics network limited withdrawn from Hong Kong stock exchange?

   • Alibaba Group Holding Limited (“Alibaba” or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.

   Alibaba Group Announces Withdrawal of Cainiao IPO Application and

   www.alibabagroup.com/en-US/document-1709401084725821440

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   Who owns Cainiao shares?

   • Cainiao shareholders may choose to accept the Offer and sell their shares to Alibaba Group for cash consideration or continue to own Cainiao shares. Alibaba Group owns approximately 63.7% of the fully-diluted equity interest in Cainiao (including vested equity interests under Cainiao’s employee share ownership plan).

   Alibaba Group Cainiao IPO Update and Share Purchase Offer Conferenc…

   finance.yahoo.com/news/alibaba-group-cainiao-ipo-share-104000565.html

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3. www.cnn.com › 2023/09/26 › investingAlibaba’s logistics business will go public in first IPO from ...

   www.cnn.com › 2023/09/26 › investing

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   Sep 26, 2023 · 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 ...

4. www.reuters.com › markets › asiaAlibaba to buy Cainiao stake for up to $3.75 billion as it ...

   www.reuters.com › markets › asia

   Mar 26, 2024 · Alibaba Group said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO) of the logistics ...

5. Videos

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     indiatoday.in

     Alibaba plans Hong Kong IPO for logistics subsidiary Cainiao

     Sep 27, 2023

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     3:39

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     Alibaba Cancels Cainiao IPO | Big Move for BABA Stock?

     Apr 1, 2024

     84 Views

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     1:17

     youtube.com

     Alibaba seeks to buy back Cainiao as it drops IPO | REUTERS

     Mar 27, 2024

     819 Views

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6. finance.yahoo.com › news › alibaba-group-cainiao-ipoAlibaba Group Cainiao IPO Update and Share Purchase Offer ...

   finance.yahoo.com › news › alibaba-group-cainiao-ipo

   • Cached

   Mar 26, 2024 · After completion of the Offer, Alibaba Group plans to align Cainiao’s business to better realize strategic synergies with Taobao and Tmall Group and Alibaba International Digital Commerce Group,...

7. www.alibabagroup.com › en-US › documentAlibaba Group Announces Withdrawal of Cainiao IPO Application ...

   www.alibabagroup.com › en-US › document

   • Cached

   Mar 26, 2024 · Alibaba Group Holding Limited (“Alibaba” or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.

8. finance.yahoo.com › news › alibaba-spin-offAlibaba will spin off its logistics arm Cainiao in an IPO in ...

   finance.yahoo.com › news › alibaba-spin-off

   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,...

9. www.ft.com › content › 783a7c2e-304e-4557-af3a-76cAlibaba puts IPO for its logistics arm Cainiao on hold

   www.ft.com › content › 783a7c2e-304e-4557-af3a-76c

   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...

10. www.nasdaq.com › press-release › alibaba-groupAlibaba Group Cainiao IPO Update and Share Purchase Offer ...

    www.nasdaq.com › press-release › alibaba-group

    • Cached

    Mar 26, 2024 · Alibaba Group Holding Limited announced that its logistics subsidiary Cainiao Smart Logistics Network Limited has withdrawn its initial public offering and listing application on the Hong Kong ...