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1. • Alibaba will provide strong support

     • "We will focus on developing key businesses, expanding our global logistics network, building global competitiveness, and Alibaba will provide strong support for Cainiao's global expansion plan," Cainiao CEO Wan Lin told Reuters.
     www.zawya.com/en/opinion/business-insights/with-cainiao-buyback-alibaba-takes-aim-at-rivals-overseas-advance-e33f40od

     With Cainiao buyback, Alibaba takes aim at rivals' overseas ...

2. People also ask

   Will Alibaba support Cainiao's global expansion plan?

   • "We will focus on developing key businesses, expanding our global logistics network, building global competitiveness, and Alibaba will provide strong support for Cainiao's global expansion plan," Cainiao CEO Wan Lin told Reuters. Alibaba has set the domestic e-commerce agenda for years.

   With Cainiao buyback, Alibaba takes aim at rivals' overseas advance

   www.reuters.com/world/china/with-cainiao-buyback-alibaba-takes-aim-rivals-overseas-advance-2024-03-28/

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   Should Alibaba double down on Cainiao?

   • "Given the strategic importance of Cainiao to Alibaba and the significant long-term opportunity we see in building out a global logistics network, we believe this is an appropriate time to double down on Alibaba's investment in Cainiao," said Joe Tsai, Chairman of Alibaba Group.

   Alibaba Group Invests for Strategic Growth with Cainiao Share Purchase

   www.alibabagroup.com/document-1709404196777754624

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   Will Alibaba buy Cainiao smart logistics network limited?

   • 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.

   Alibaba Group Invests for Strategic Growth with Cainiao Share Purchase

   www.alibabagroup.com/document-1709404196777754624

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   Does Alibaba own Cainiao?

   • Alibaba holds approximately a 64% stake in Cainiao and intends to invest up to $3.75 billion to acquire the remaining outstanding shares from minority investors and employees with vested equity.

   Alibaba Group Invests for Strategic Growth with Cainiao Share Purchase

   www.alibabagroup.com/document-1709404196777754624

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   Could Cainiao's global infrastructure be a way to reel in rivals?

   • Investing in Cainiao's global infrastructure and leveraging that might be one way to reel in rivals, said Brian Wong, a former Alibaba employee and author of "The Tao of Alibaba". Cainiao is the logistics backbone of founder and now 67% owner Alibaba - a figure which would have dropped to somewhere above 50% after listing.

   With Cainiao buyback, Alibaba takes aim at rivals' overseas advance

   www.reuters.com/world/china/with-cainiao-buyback-alibaba-takes-aim-rivals-overseas-advance-2024-03-28/

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   What does Cainiao do for Alibaba?

   • For Alibaba's cross-border e-commerce businesses, Cainiao covers end-to-end fulfillment, line haul and delivery services to customers worldwide. The company's vision for Cainiao aligns with the broader strategic focus underway since September under the new leadership team.

   Alibaba Group Invests for Strategic Growth with Cainiao Share Purchase

   www.alibabagroup.com/document-1709404196777754624

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3. www.reuters.com › world › chinaWith Cainiao buyback, Alibaba takes aim at rivals' overseas ...

   www.reuters.com › world › china

   Mar 28, 2024 · "We will focus on developing key businesses, expanding our global logistics network, building global competitiveness, and Alibaba will provide strong support for Cainiao's global...

   • Author: Casey Hall

4. www.businesstimes.com.sg › international › globalWith Cainiao buyback, Alibaba takes aim at rivals’ overseas rise

   www.businesstimes.com.sg › international › global

   • Cached

   Mar 28, 2024 · “We will focus on developing key businesses, expanding our global logistics network, building global competitiveness, and Alibaba will provide strong support for Cainiao’s global expansion plan,” Cainiao CEO Wan Lin told Reuters.

5. Videos

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     Alibaba Group's Logistics Arm Cainiao Making Global Impact with AlibabaCloud Support

     Dec 10, 2021

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     Sneak Peek: Alibaba's Cainiao Bonded Warehouse

     Nov 2, 2020

     21.8K Views

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     Cainiao | Alibaba's logistics arm-Asia’s first massive fulfillment center with 1000+ Quicktron AMRs

     Sep 2, 2022

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6. money.usnews.com › investing › newsAnalysis-With Cainiao Buyback, Alibaba Takes Aim at Rivals ...

   money.usnews.com › investing › news

   • Cached

   Mar 28, 2024 · "We will focus on developing key businesses, expanding our global logistics network, building global competitiveness, and Alibaba will provide strong support for Cainiao's global expansion...

7. www.alibabagroup.com › document-1709404196777754624Alibaba Group Invests for Strategic Growth with Cainiao Share ...

   www.alibabagroup.com › document-1709404196777754624

   • Cached

   Mar 26, 2024 · Cainiao will focus on deepening integration with Alibaba’s e-commerce businesses and creating a more competitive consumer experience. Alibaba will invest up to $3.75 billion to acquire outstanding shares from Cainiao minority investors and employees.

8. www.chinadaily.com.cn › a › 202409Cainiao expanding logistics network overseas - Chinadaily.com.cn

   www.chinadaily.com.cn › a › 202409

   • Cached

   Sep 12, 2024 · "Alibaba is fully supporting Cainiao's global expansion to build a logistics network that meets future industrial and supply chain needs," said Joe Tsai, co-founder and chairman of Alibaba, and chairman of Cainiao Smart Logistics Network.

9. www.scmp.com › tech › big-techAlibaba logistics arm Cainiao launches next-day delivery in ...

   www.scmp.com › tech › big-tech

   • Cached

   Sep 11, 2024 · “Alibaba is fully supporting Cainiao’s global expansion to build a logistics network that meets future industrial and supply chain needs,” Tsai said.

10. www.theregister.com › 27 › alibaba_cans_cainiao_ipoAlibaba bins listing for its Cainiao logistics limb • The ...

    www.theregister.com › 27 › alibaba_cans_cainiao_ipo

    • Cached

    Mar 27, 2024 · Chinese tech giant Alibaba has decided not to spin out its logistics limb, Cainiao, and will instead buy back shares in the outfit and integrate it more deeply with its e-commerce operations. That's a reversal of the plan announced a year ago to split into six groups.