SHANGHAI/SINGAPORE (Reuters) - Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan (2 billion pound) merger with a listed clothing maker, becoming the latest courier seeking capital ...
HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE:BABA) today announced it has agreed to take a minority stake in Shanghai YTO Express (Logistics) Co., Ltd, one of China’s leading ...
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 ...
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