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- 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-95e01d4ff2c29c38ad3a81ef57cb73fcAlibaba will spin off its logistics arm Cainiao in an IPO in ...
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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.
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 ...
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
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.
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2024 · Alibaba Group Holding Ltd said on Tuesday night that its logistics unit, Cainiao Smart Logistics Network, had withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.
Sep 26, 2023 · In a regulatory filing on Tuesday, Alibaba said it had submitted an application to spin off its Cainiao Smart Logistics Network, although the terms of the move have yet to finalized.
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.