SHANGHAI/SINGAPORE (Reuters) - Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan (2 billion pound) merger with a listed clothing maker, becoming the latest courier seeking capital ...
Alibaba Group, China's largest e-commerce company, has proposed to purchase a 14 percent stake in STO Express, one of the largest courier service providers in the country, to further strengthen its ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Alibaba’s logistics arm, Cainiao, on Wednesday ...
Logistics firm ZTO Express has filed its intent for an initial public offering in the coming weeks with the New York Stock Exchange in what could be the largest U.S. IPO for a Chinese company since ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook (Image credit: Alibaba Group) Every Wednesday and Friday, TechNode’s Briefing newsletter delivers ...
Alibaba-backed Best Inc said on Friday it would sell its express delivery business in China to J&T Express Co. Ltd. in a deal valued at about 6.8 billion yuan ($1.06 billion). Oct 29 (Reuters) - ...
Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it accelerates ...
Alibaba Group Holding Ltd. is considering options to pare down its minority stake in express delivery firm ZTO Express (Cayman) Inc., according to people familiar with the matter. Alibaba has held ...