Business Brief (June 16): Foreign Investors Favor Chinese Stocks and Bonds ACE Robotics raises hundreds of millions of dollars, Alibaba denies rumors that logistics arm Cainiao is disbanding Caixin Global · Jun 16
This Unlikely Company Is the Top-Rated AI Stock to Buy in May 2025 Analysts continue to highly rank this stock due to its innovation and earnings prowess. Barchart · May 7, 2025
Alibaba's Strategic Move: Cainiao Buyback Targets Rivals Overseas Alibaba strengthens logistics arm Cainiao through strategic buyback to boost global competitiveness. Top News · Mar 28, 2024
Alibaba Scraps Cainiao IPO Plans Amid Challenging Market Conditions Alibaba Group Holding Ltd. announced on Tuesday its decision to abandon the long-anticipated initial public offering (IPO) for its smart logistics arm, Cainiao. International Business Times · Mar 26, 2024
Alibaba’s Belgian hub is being monitored over ‘espionage’ concerns, report says A representative for Alibaba told Fortune it strongly denied the claims "based on prior conjecture." Fortune · Oct 5, 2023
Alibaba will spin off its logistics arm Cainiao in an IPO in Hong Kong Chinese e-commerce company Alibaba says it will spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong The Independent UK · Sep 26, 2023
Alibaba approves cloud computing unit spin-off, prepares for grocery and logistics arms to go public Chinese e-commerce company Alibaba Group Holding on Thursday said that it plans to spin-off of its cloud computing unit and that its logistics and grocery units would begin exploring initial public offerings, as the e-commerce firm kickstarts a restructuring process of its businesses aimed at spurring growth The Independent UK · May 18, 2023
De Well Files for Hong Kong IPO, Flush With New Ties to Cainiao Key Takeaways: • Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce Benzinga · May 4, 2022