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Alibaba to buy Cainiao stake for up to $3.75 billion as it drops IPO plan

In the Chinese e-commerce giant's latest reversal of its restructuring plan, Alibaba, which holds a stake of around 64% in Cainiao, said it was offering to acquire the remaining stock.

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Alibaba to acquire stake in Cainiao for up to $3.75 billion as it drops IPO plan

Alibaba to acquire stake in Cainiao for up to $3.75 billion as it drops IPO plan
insideretail.asia - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from insideretail.asia Daily Mail and Mail on Sunday newspapers.

China , Cainiao , China-general- , Hong-kong , Chinese , Joe-tsai , Eddie-wu , Alibaba-group , Holding-pinduoduo , Alibaba-group-chairman-joe-tsai , Although-alibaba , Hong-kong-stock-exchange

Alibaba to buy Cainiao stake for up to $3.75 bln as it drops IPO plan

Alibaba to buy Cainiao stake for up to $3.75 bln as it drops IPO plan
devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.

China , Cainiao , China-general- , Hong-kong , Chinese , Joe-tsai , Eddie-wu , Alibaba-group , Holding-pinduoduo , Alibaba-group-chairman-joe-tsai , Although-alibaba , Hong-kong-stock-exchange

As Alibaba's Stock Slides, Employee No. 52 Still Believes In Its "Tao"

Restructuring and leadership plans offer growth, says long-time insider and author Brian Wong

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