BBG: Alibaba’s Cainiao plans to raise at least $1bn in Hong Kong IPO soon
BLOOMBERG reports: Cainiao Network Technology Co., the logistics arm of Alibaba Group Holding Ltd., is planning to ...
Type “IPO + logistics” into any search engine and the findings will be disheartening. Talk to some of the decision makers and there isn’t a pipeline that can be seriously labelled as such. Sigh.
Keeping that in mind, it doesn’t mean that from East to West, deals are not being softly prepared or discussed – on both fronts, could a bunch of logistics companies be readying to surprise us all?
Not many, in fact, but a couple spring to mind – and ...
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