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CAINIAO SMART LOGISTICS
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong KongAlibaba said in a filing that it had submitted a spin-off proposal to the Hong Kong Stock Exchange, and that it has received confirmation t...
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...
How Alibaba's six main new business units stack upAlibaba Group Holding's former CEO, Daniel Zhang, has unexpectedly left the company's cloud computing unit, raising concerns about its spin...
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...
China ecommerce giant Alibaba outlines future strategyAlibaba chief executive Daniel Zhang outlined details of a plan announced earlier this week to split Alibaba into six main groups as a prel...
Alibaba's overhaul: a 'smart' move after China crackdownAlibaba has said it will split its $220 billion empire into six businesses: focusing on logistics, cloud computing, entertainment, e-commer...
Alibaba's breakup plan lifts hopes China's tech crackdown is endingAlibaba said on Tuesday it was planning to split into six units and explore fundraisings or listings for most of them, in the biggest restr...
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...
China’s insatiable demand for luxury goods gets own cargo routeThe luxury goods market in China grew 48% last year as Covid-related travel disruptions boosted domestic spending. The consultancy expects ...
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...
Alibaba’s delivery service wants backers who don’t mind lossesFounded in 2013 by Alibaba and a small group of initial backers that includes trucking companies, Cainiao underpins the commerce giant’s ex...