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- 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.
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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 on Tuesday it had submitted an application to spin off Cainiao Smart Logistics Network to the Hong Kong stock exchange, but that financial terms such as the size of the...
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 that it would spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong, making it the...
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.
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 · 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...