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Alibaba sets sights on full ownership of Cainiao

Alibaba sets sights on full ownership of Cainiao
chinadaily.com.cn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chinadaily.com.cn Daily Mail and Mail on Sunday newspapers.

Hong Kong , China General , Joe Tsai , Cainiao Smart Logistics Network , Hong Kong Stock Exchange , Alibaba Group , Alibaba Group Holding Ltd , Group Holding Ltd , Hong Kong Stock ,

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

Alibaba Group (9988.HK), opens new tab said on Tuesday it was offering to buy the 36% of Cainiao it does not already own for up to $3.75 billion, abandoning plans for an initial public offering (IPO). ....

Hong Kong , China General , Joe Tsai , Eddie Wu , Alibaba Group , Alibaba Group Chairman Joe , Although Alibaba , Hong Kong Stock Exchange ,