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 ...
PRESS RELEASE
[28 June 2023] – At its annual Global Smart Logistics Summit, Cainiao Group, (“Cainiao”), the logistics arm of Alibaba Group Holding Limited, announced that it will be partnering AliExpress to launch an industry-first 5-day global delivery service offering. Speaking at the main forum in Hangzhou, China, Cainiao CEO Wan Lin provided an exclusive update on four business priorities this year, which includes accelerating global express services, deepening logistics capabilities in key overseas markets, upgrading domestic express services, and developing ...
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