SHANGHAI, March 11 (Reuters) - Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant's fourth significant investment in a ...
Alibaba Group, China's largest e-commerce company, has proposed to purchase a 14 percent stake in STO Express, one of the largest courier service providers in the country, to further strengthen its ...
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Alibaba’s logistics arm, Cainiao, on Wednesday ...
Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook (Image credit: Alibaba Group) Every Wednesday and Friday, TechNode’s Briefing newsletter delivers ...
Logistics firm ZTO Express has filed its intent for an initial public offering in the coming weeks with the New York Stock Exchange in what could be the largest U.S. IPO for a Chinese company since ...
Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it accelerates ...
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