Add Yahoo as a preferred source to see more of our stories on Google. Alibaba may be spinning out its logistics arm in an initial public offering (IPO) that could raise as much as $2 billion. Cainiao ...

HONG KONGHONG KONG — Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in Hong Kong, as it looks to prioritize growing its e-commerce business while facing ...

HONG KONGHONG KONG — Chinese e-commerce company Alibaba said Tuesday that it would spin off its logistics arm, Cainiao Smart Logistics Network, in an initial public offering in Hong Kong, making it ...

London (CNN) — Alibaba said Tuesday that it would spin off Cainiao, its logistics arm, in what will be the conglomerate’s first initial public offering since it announced a sweeping revamp of its ...

Alibaba Group Holding Ltd. shares tanked on Thursday following its fiscal third-quarter results, as the e-commerce giant ...

Alibaba plans to list its logistics unit Cainiao on the Hong Kong Stock Exchange, the company the Chinese e-commerce giant said in a regulatory filing Tuesday. Upon completion of the spinoff, Alibaba ...

FILE - The logo of Chinese technology firm Alibaba is seen at its office in Beijing on Aug. 10, 2021. Alibaba Group Holding on Tuesday said it had scrapped plans to list its logistics unit Cainiao in ...