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Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan merger with a listed clothing maker, becoming the latest courier seeking capital market funds to stay competitive during China ...
SHANGHAI/SINGAPORE (Reuters) - Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan ($2.7 billion) merger with a listed clothing maker, becoming the latest courier seeking capital ...
Alibaba's empire goes far beyond China via units like Lazada, Alibaba Express, and Trendyol. The company's cross-border e-commerce business is showing promising prospects. A recent reorganization ...
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Zacks Investment Research on MSNAlibaba (BABA) Laps the Stock Market: Here's WhyAlibaba (BABA) ended the recent trading session at $108.22, demonstrating a +1.41% change from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.14% for ...
Alibaba Group Holding's logistics arm Cainiao unveiled an express delivery service on Wednesday to facilitate sales from its e-commerce platforms, in Joe Tsai's first major business move since he ...
U.S.-listed ZTO Express is seeking to raise up to US$1.56 billion in Hong Kong, joining a string of Chinese companies obtaining a secondary listing in the city amid U.S.-China tensions ...
Alibaba Group Holding Ltd. and its logistics arm Cainiao Network have agreed to invest $1.38 billion in Chinese express delivery company ZTO Express (Cayman) Inc. , the companies said Tuesday in a ...
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 ...
SHANGHAI, March 11- 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.
On the other hand, AliExpress is a B2C platform. It’s like the brother of Alibaba, offering affordable products directly to consumers. In contrast to Alibaba, AliExpress does not set any minimum order ...
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 market funds to stay ...
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