Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the company the Chinese e-commerce giant said in a regulatory filing Tuesday. Upon completion of the spinoff ...

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 first to ...

Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial ...

Alibaba said Tuesday that it would spin off Cainiao, its logistics arm, in what will be the conglomerate’s first initial ...

Vedanta Ltd., the resources and power producer, plans to demerge its various business units into what it calls ‘pure play’ companies to “unlock value and attract big ticket investment” to ...

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 ...

Indian mining and energy group Vedanta Ltd. plans to spin off and list its business units on the stock market in a bid to attract investments amid efforts to reduce its debt load, splitting into ...

Billionaire Anil Agarwal-owned Vedanta Limited on September 29 announced creation of independent verticals through demerger of underlying companies, mainly its metals, power, aluminium, and oil ...

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 ...

Indian mining and energy group Vedanta Ltd. plans to spin off and list its business units on the stock market in a bid to attract investments amid efforts to reduce its debt load, splitting into ...