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Alibaba Funnels $3.3 Billion Into Logistics Arm As E-commerce Demands Intensify

Alibaba Group Holding Ltd (NYSE: BABA), the world's largest online and mobile commerce company, announced a further investment of $3.3 billion in its logistics affiliate, Cainiao.  0 read more.....»»

Category: blogSource: benzingaNov 8th, 2019

Package Deal: Alibaba Takes Control of Network With Two Million Couriers

The Chinese e-commerce giant has become the majority owner of affiliate Cainiao and plans to invest around $15 billion over five years to build its logistics network......»»

Category: asiaSource: wsjApr 27th, 2018

Alibaba, Cainiao Lead $1.4 Billion Spend on Delivery-Firm Stake

Facing tougher competition in online retailing, Chinese e-commerce giant Alibaba and its logistics arm are leading a $1.4 billion effort to boost their delivery capabilities......»»

Category: smallbizSource: wsjMay 29th, 2018

Alibaba and Cainiao Invest $1.38 Billion In ZTO Express

A Chinese e-commerce giant struck a notable partnership Tuesday in the country's logistics sector.  read more.....»»

Category: blogSource: benzingaMay 29th, 2018

Alibaba raises up to $12.9 bln in HK listing

Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years. David Pollard reports......»»

Category: videoSource: reutersNov 20th, 2019

Alibaba prices Hong Kong listing to raise as much as $12.9 billion

Chinese e-commerce giant Alibaba announced its Hong Kong public offering has been pri.....»»

Category: topSource: marketwatchNov 20th, 2019

Alibaba raises up to $12.9 billion in landmark Hong Kong listing

Chinese e-commerce giant Alibaba Group raised up to $12.9 billion in a landmark listing in Hong Kong, the largest share sale in the city in nine years and a world record for a cross-border secondary share sale......»»

Category: topSource: reutersNov 20th, 2019

Alibaba to price shares at HK$176 in landmark $12.9 billion HK listing: sources

Chinese e-commerce giant Alibaba Group will raise up to $12.9 billion from its landmark Hong Kong listing and is set to price its shares at a 2.8% discount to their New York close, sources with direct knowledge of the matter said......»»

Category: topSource: reutersNov 20th, 2019

Alibaba to price shares at HK$176 in $12.9 billion Hong Kong listing: sources

Chinese e-commerce giant Alibaba will raise up to $12.9 billion in its Hong Kong secondary listing and is set to price its shares at HK$176 each, a 2.8% discount to their New York share price, sources with direct knowledge of the matter said......»»

Category: topSource: reutersNov 20th, 2019

Explainer: Why is Alibaba listing in Hong Kong?

Chinese e-commerce giant Alibaba is set to price its first share sale in Hong Kong next week, raising up to $13.4 billion in what will be the largest deal in the city since 2010 and the world's biggest ever cross-border secondary listing......»»

Category: topSource: reutersNov 15th, 2019

Alibaba"s Hong Kong listing offers valuable Beijing goodwill

Alibaba's Hong Kong listing will not only land it $13.4 billion, it will also garner goodwill from Beijing to help the Chinese e-commerce giant weather the fallout of a damaging trade war......»»

Category: topSource: reutersNov 14th, 2019

Alibaba opens bookbuild for Hong Kong listing: sources

Chinese e-commerce giant Alibaba Group has opened the trading books for its $13.4 billion Hong Kong listing, two sources with direct knowledge of the process told Reuters on Wednesday......»»

Category: topSource: reutersNov 13th, 2019

Alibaba launches $13.4 billion Hong Kong listing to fund expansion

Chinese e-commerce giant Alibaba Group launched the share sale for its Hong Kong listing on Wednesday, braving unrest in the global financial hub to try to raise up to $13.4 billion to fund its expansion plans......»»

Category: topSource: reutersNov 13th, 2019

Alibaba to spend more on travel, entertainment after $13.4 billion listing

Chinese e-commerce giant Alibaba Group plans to ramp up investment in its online entertainment, content and travel platforms with the proceeds from a planned $13.4 billion Hong Kong listing......»»

Category: topSource: reutersNov 13th, 2019

Alibaba poised for record HK IPO - sources

Chinese e-commerce giant Alibaba is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to sources. David Pollard reports......»»

Category: videoSource: reutersNov 13th, 2019

Alibaba poised to launch record-breaking $13.4 billion Hong Kong share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»

Category: topSource: reutersNov 13th, 2019

Alibaba poised to launch record-breaking $13.4 billion HK share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $13.4 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»

Category: topSource: reutersNov 13th, 2019

Alibaba poised to launch record-breaking $15 billion HK share sale: sources

Chinese e-commerce giant Alibaba Group is poised to launch a Hong Kong share sale expected to raise up to $15 billion as soon as Thursday, according to two sources with knowledge of the discussions......»»

Category: topSource: reutersNov 13th, 2019

Alibaba, JD.com Post Record Singles Day Sales

Chinese e-commerce behemoths Alibaba (NYSE: BABA) and JD.com (NASDAQ: JD) grossed over $68 billion in Singles Day sales Monday. 0 read more.....»»

Category: blogSource: benzingaNov 12th, 2019

Alibaba invests $3 billion in strengthening its logistics play

This story was delivered to Business Insider Intelligence Transportation & Logistics Briefing subscribers earlier this morning. To check to se.....»»

Category: topSource: businessinsiderNov 11th, 2019

Alibaba breaks Singles Day record of more than $30 billion in sales and climbing

Chinese e-commerce giant Alibaba set a new sales record on Singles Day, the world's largest 24-hour shopping event......»»

Category: topSource: moneycentralNov 11th, 2019