Alibaba may be spinning out its logistics arm in an initial public offering (IPO) that could raise as much as $2 billion. Cainiao Network Technology plans to raise the funds in a listing in Hong Kong ...

HONG KONG/BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build out a ...

Despite widespread belief Alibaba is indeed a logistics company. Alibaba owns stakes in five logistics, shipping, and/or courier companies. Four of the five companies are not consolidated into Alibaba ...

Alibaba plans to seek a Hong Kong listing for its fast-growing Cainiao logistics arm. The business grew 34% in the June quarter, is profitable and on a good growth trajectory. Cainiao's growth ...

Alibaba’s BABA international business-to-business (B2B) e-commerce arm, Alibaba.com, introduced Alibaba Guaranteed for global small and medium-sized enterprises (SMEs). Alibaba Guaranteed is a ...

HONG KONGHONG KONG — 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 ...

Months after calling off a planned spinoff of its cloud-computing unit, Alibaba Group Holding Ltd. said its logistics unit will forego initial-public-offering plans as well. Alibaba’s BABA logistics ...

Alibaba Group is now venturing into the logistics business after it announced the establishment of a new logistics company, Cainiao Network Technology, together with a group of investors. The new ...

Alibaba, the Chinese e-commerce giant, is today taking a play from the books of Amazon and eBay as it makes a key move to expand its presence across other countries in Asia. Today the company, gearing ...