Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the Chinese e-commerce giant said in a ...
Alibaba said Tuesday that it would spin off Cainiao, its logistics arm, in what will be the conglomerate’s first initial ...
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial ...
SHANGHAI/HONG KONG, Sept 26 (Reuters) - Alibaba Group (9988.HK) on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the ...
Shares of Alibaba Group ( BABA -1.22%) were up 4.8% as of 11:21 a.m. ET on Friday. The stock was moving higher on a Bloomberg ...
A spin-off of Cainiao aims to raise between $1 billion to $2 billion, according to Reuters. Earlier this year, Alibaba proposed a sweeping overhaul that would break its sprawling empire into six ...
Alibaba, whose own shares have languished since late 2020, earlier this year said it would reorganize itself into six independently run businesses and said it would carve out some of them via IPOs ...
Tech heavyweight Alibaba Group Holding Ltd said on Tuesday night that it plans to list its logistics arm Cainiao on the Hong ...
The planned initial public offering of Alibaba Group Holding Ltd.’s logistics arm will be a key test of demand in Hong Kong’s languishing deals market. Cainiao Smart Logistics Network Ltd. on ...
Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would ...
Alibaba stock is 73% off its previous highs. Weak revenue performance across its commerce marketplaces and cloud unit have weighed on the stock's performance. The company has experienced setbacks ...
Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would make the unit the first to be ...
