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...
26 Sep, 2023, 10.36 PM IST
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...
26 Sep, 2023, 04.21 PM IST
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...
22 Sep, 2023, 01.02 PM IST
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...
20 Jun, 2023, 11.30 AM IST
Alibaba breaks up investment team, sends staff to unitsThe e-commerce giant is placing about half of 70-some people from its investing arm with the newly formed arms focusing on businesses from ...
19 May, 2023, 12.16 AM IST
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go publicThe company in March announced plans to reshape itself into six business divisions with plans to allow all but its core e-commerce business...
18 May, 2023, 08.25 PM IST
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 ...
08 May, 2023, 09.30 AM IST
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...
28 Mar, 2023, 11.28 PM IST
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...
28 Mar, 2023, 06.07 PM IST
Alibaba looks to expand its Southeast Asian arm Lazada to EuropeThe move comes months after Alibaba's logistics arm, Cainiao, opened a central hub for European sales in Belgium.
28 Apr, 2022, 01.14 PM IST
Alibaba's Lazada appoints Chun Li as new CEOLazada Group Chief Executive Officer and co-founder Pierre Poignant will be replaced by Chun Li, a former Alibaba executive, who is current...
26 Jun, 2020, 11.56 AM IST
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.
31 Jan, 2018, 09.00 AM IST
Flipkart delivers Rs 1,632 crore more to its logistics arm EkartThe company previously received Rs 641 crore from Flipkart during September, ahead of the online retailer’s annual flagship sale.
04 Jan, 2018, 08.35 AM IST
Enterprise software firm Deskera to expand India operationsShashank Dixit, CEO, Deskera said the company planned to invest about Rs 125 crore towards a proposed new data centre in Andhra Pradesh.
04 Jul, 2017, 10.19 AM IST
Companies like Delhivery, GoJavas and Ecom Express getting ready for Alibaba’s India entryTiger Global-backed Delhivery confirmed that it had a discussion with Alibaba in April this year to chalk out potential fit for its India p...
12 May, 2016, 03.33 AM IST
How an Alibaba arm offers mouth-watering deals that Indian ecommerce players can'tAn Indian seller, after getting the product from China, adds to it his margin, logistics cost, inventory holding cost and other taxes, whic...
03 Apr, 2016, 10.36 AM IST
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...
13 Jun, 2014, 05.50 PM IST