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 ...
Alibaba (NYSE:BABA) is spinning off its logistics unit Cainiao Network Technology via an IPO on the the Main Board of the ...
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 ...
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 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, 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 ...
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 ...
Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial ...
SHANGHAI/HONG KONG (Reuters) -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 separated ...
Alibaba Group on Tuesday kicked off its restructuring with a plan to list its logistics arm Cainiao in Hong Kong that would ...
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 ...
