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ALIBABA LOGISTICS SHARES
China's global ecommerce push stalls as Iran war lifts costs, dampens demandThe business models, based on flying $5 dresses from Chinese factories to shoppers around the world, were already under pressure after U.S....- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO planAlibaba 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 f...
- Alibaba dumps logistics arm IPO; to buy rest of Cainiao stake for up to $3.8 billionAlibaba's Cainiao withdrew IPO in Hong Kong. Alibaba plans $3.75B stock buyout. Minority shareholders offered $0.62/share sale. Reported by...
- Belgian intelligence service monitors Alibaba hub over 'espionage' worry: reportAlibaba signed an agreement with the Belgium government in 2018 to open an ecommerce trade hub, run by its logistics arm Cainiao, that woul...
- China's Alibaba kicks off restructuring with plan to list logistics arm in Hong KongAlibaba said on Tuesday it had submitted an application to spin off Cainiao Smart Logistics Network to the Hong Kong stock exchange, but th...
- Alibaba’s Cainiao plans to raise at least $1 billion in Hong Kong IPO soonThe company is targeting to raise at least $1 billion in the share sale though it’s still early to decide on the valuation, sources said, a...
- How Chinese tech giant Alibaba's six new business units stack upThe e-commerce giant announced in March it will split into six business units, each with its own CEO and board of directors, and adopt a ho...
- Alibaba logistics arm eyes up to $2 billion Hong Kong IPO: ReportsCainiao Network Technology's initial public offering (IPO) plan comes after Alibaba flagged in late March it would split its business into ...
- How Alibaba's six new business units stack upAlibaba has long relied on e-commerce as its core business, with smaller divisions in sectors such as cloud computing and entertainment. Th...
- After the split, here's how Alibaba's six new business units stack upThe company's CEO Daniel Zhang said the business units will each be free to pursue funding and IPOs independently, which points to a possib...
- SoftBank sells shares worth Rs 954 crore in DelhiverySoftBank is the largest public stakeholder in the logistics company, holding an 18.42% stake as of December 31, 2022, through its entity SV...
- Alibaba quarterly revenue misses expectations as spending slowsCustomer management revenue, which tracks how much money merchants spend on Alibaba, fell 7% annually, marking the steepest-ever decline fo...
- Alibaba-backed logistics firm Best weighs sale in strategic review, valued at $790 millionWith the endorsement of Alibaba, its biggest shareholder, Best has tapped financial advisers to explore options as its shares have been und...
- XpressBees raises Rs 71 croreThe company, whose rivals include Delhivery and Ecomm Express, provides end-to-end e-commerce-focused logistics services, offering clients ...
- E-commerce upstart wants its data back from AlibabaPDD’s in-house system now hooks up and shares information, such as unique identifiers for individual products, between merchants, couriers ...
- Alibaba plans on integrating BigBasket & XpressBees with Paytm MallWorking with these companies will help Paytm Mall, which claims it will exit FY18 at a gross merchandise volume (GMV) run rate of $3 billio...
- BigBasket receives $200 million in a round led by AlibabaAs per the company filings, Alibaba owns 14,60,000 shares of the Bengaluru-based company which is registered as Supermarket Grocery Supplie...
- Alibaba puts Rs 224 crore in FirstCry’s logistics armThis financing underscores Alibaba’s attempt to create a robust global logistics network, which can bolster the growth of ecommerce.
- Alibaba ties up with China Post to strengthen its logisticsThe two cos will share warehouses, processing centres to build a smart logistics network providing easier, faster delivery services to onli...
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