Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
Alibaba stock is trading lower Tuesday after the company reported its quarterly results.
Major Courier Players Expand Overseas Footprint, Ramp up Logistics Efficiency
Major domestic courier companies have expanded their global footprint and increased logistics efficiencies this year, as they seek growth opportunities beyond the Chinese market.
Alibaba's Logistics Unit Launches Half-day Delivery Service
Cainiao Network, the logistics arm of Chinese tech heavyweight Alibaba Group Holding Ltd, has rolled out its half-day express delivery service in Beijing before the upcoming Singles Day shopping carnival, as part of its broader push to boost the logistics and delivery efficiency.
IPO News | Cainiao submits that the main board of the Hong Kong Stock Exchange is the world's largest cross-border e-commerce logistics service company
According to the Hong Kong Stock Exchange's disclosure on September 26, Cainiao Smart Logistics Network Co., Ltd. submitted a listing application to the main board of the Hong Kong Stock Exchange. Citi, CITIC Securities, and J.P. Morgan Chase are their co-sponsors.
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