HANGZHOU, China (Reuters) - The logistics arm of Chinese e-commerce giant Alibaba Group Holding Ltd is lining up a major warehouse expansion to streamline deliveries across the nation, devoting a ...
With China tech under intense regulatory scrutiny, a new deal by Alibaba’s (NYSE:BABA) Cainiao logistics arm to buy 30% of Baozun Inc’s (NASDAQ:BZUN) warehouse and fulfillment subsidiary Baotong for ...
Over the medium term, Alibaba Group and its financing partners will commit between RMB20 billion and RMB30 billion (US$3 billion to US$4.5 billion). The company hopes to spark a total investment of ...
Alibaba’s BABA logistics arm Cainiao announced the launch of a "consolidated shipping" service in the United States, bolstering its overseas logistics offerings. The cross-border service packages ...
Dedicated freight charter flights from Singapore to China’s offshore duty-free island of Hainan have been launched by Cainiao Smart Logistics Network to meet the surging demand for imported luxury ...
BEIJING, Jan 19 (Reuters) - Alibaba Group and its financing partners will invest $3 billion-$4.5 billion over the medium term to set up a warehouse network in China, they said in a statement on ...