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 ...
It is a widespread conviction among my trade and banking sources that China’s e-commerce behemoth, Alibaba, is all but set to go after acquisition targets in logistics.
Not only is it likely, I am told, but this deal-making “could be orchestrated by Beijing” if the tariff war between China and the United States does not abate.
The latest twist in the trade war saga came yesterday, with China vowing to retaliate after the US government slapped a 10% tariff on around $200bn ...
Knights of Old parent enters administration, but sister firm Nelson is saved
'Freefalling' Asia-North Europe rates shed half their value in three weeks
EXCLUSIVE: UPS rumoured to have eyes on DB Schenker
China Railways launches new 50ft container designed for express rail services
Maersk and Hapag-Lloyd offer their guides to 2024 ETS surcharges
'Peak season already over' as ocean freight rates collapse further
Flexport fires CFO and HR VP, but sees need for a head of restructuring
Rush for e-commerce capacity could trigger airfreight rate rise
Alex Lennane
email: [email protected]
mobile: +44 7879 334 389
During August 2023, please contact
Alex Whiteman
email: [email protected]
Alessandro Pasetti
email: [email protected]
mobile: +44 7402 255 512
Comment on this article