Thu. Nov 21st, 2019

Alibaba invests $3.3B in its logistics arm Cainiao, raising its stake to 63% (Jane Zhang/South China Morning Post)

Source: http://www.techmeme.com/191108/p6#a191108p6

Alibaba invests $3.3B in its logistics arm Cainiao, raising its stake to 63% (Jane Zhang/South China Morning Post)

Jane Zhang / South China Morning Post:
Alibaba invests $3.3B in its logistics arm Cainiao, raising its stake to 63%  —  Cainiao will use the money raised to invest in technologies and logistics infrastructure services Cainiao also offers solutions to Alibaba’s international e-commerce business, including Tmall Global …

Source: http://www.techmeme.com/191108/p6#a191108p6

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