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- In a statement, Alibaba said it is offering minority shareholders of Cainiao an opportunity to sell all the outstanding shares for $0.62 per share. It aims to complete the buyback by June or July.
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Mar 26, 2024 · At the same time, Alibaba Group plans to offer to minority shareholders of Cainiao (including employees) an opportunity to sell all of the outstanding shares of Cainiao held by them to Alibaba...
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or “Alibaba Group”) announced that its logistics subsidiary Cainiao Smart Logistics Network Limited (“Cainiao”) has withdrawn its initial public offering and listing application on the Hong Kong Stock Exchange.
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.
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...
Mar 27, 2024 · Alibaba Group has ditched its plan to list Cainiao and said on Tuesday it will buy the remaining shares (just over a third) of the logistics unit it does not already own for $3.75 billion.
Mar 26, 2024 · Concurrently, Alibaba Group has proposed an offer to Cainiao’s minority shareholders, including its employees, allowing them to sell their shares to Alibaba Group at $0.62 per share,...
