Cainiao taps into growing China-Israel trade with Middle East distribution centre
Alibaba’s logistics arm, Cainiao, has opened a warehouse and distribution centre in Israel, the company’s ...
– Ant Group’s world record-setting initial public offering (IPO) in Shanghai and Hong Kong has been suspended.
– The Shanghai and Hong Kong stock exchanges made the announcement on Tuesday.
– Ant Group’s controller Jack Ma, the executive chairman Eric Jing and CEO Simon Hu were summoned and interviewed by regulators in China.
– The Shanghai Stock Exchange said Ant Group reported “significant issues,” which means it may not meet the conditions for listing or “information disclosure requirements.”
Ant Group’s world record-setting initial ...