FILE - The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in ...

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 ...

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 ...

FILE - The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. Chinese e-commerce company Alibaba said Tuesday, Sept. 26, 2023, that it would spin off its ...

HONG 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 the first ...