News / E-commerce specialist Alibaba invests in SingPost with an eye on global networks

default_image
© Khunaspix Dreamstime.
By

China’s largest e-commerce company, Alibaba, is buying a 10% in Singapore’s national postal company SingPost – an important step in its global expansion plan.

Alibaba is also preparing for its partial listing on the New York Stock Exchange.

The two companies announced that Alibaba is to invest ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Alibaba SingPost The e-commerce equation