HONG KONG/BEIJING (Reuters) - Chinese e-commerce firm Alibaba Group (BABA.N) has taken control of logistics unit Cainiao and pledged to spend 100 billion yuan ($15 billion) over five years to build ...

Cainiao is an important unit of Alibaba and is a leading logistics player in China. The company has ventured beyond China to provide cross-border services. Cainiao has the right ingredients to grow in ...

Despite widespread belief Alibaba is indeed a logistics company. Alibaba owns stakes in five logistics, shipping, and/or courier companies. Four of the five companies are not consolidated into Alibaba ...

Alibaba plans to seek a Hong Kong listing for its fast-growing Cainiao logistics arm. The business grew 34% in the June quarter, is profitable and on a good growth trajectory. Cainiao's growth ...

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 ...