Alibaba Group Holding Ltd. is considering options to pare down its minority stake in express delivery firm ZTO Express ...

Back in 2018, Alibaba led a consortium of investors in acquiring a 10% stake in ZTO for $1.38 billion. This move was aimed at enhancing its global shipping services.

Alibaba is mulling over reducing its stake in ZTO Express by issuing exchangeable bonds, but no firm decision is set. The ...

Alibaba contemplates reducing its stake in ZTO Express - Bloomberg ...

Investing.com -- Alibaba (NYSE: BABA) Group Holding Ltd. is exploring options to trim its minority stake in the express delivery company, ZTO Express (NYSE: ZTO) (Cayman) Inc.This information comes ...

Jefferies also adjusted its price target for ZTO Express to $21.00, down from $24.00, while maintaining a Buy rating, citing the company’s operational initiatives and growth prospects.

ZTO Express (Cayman) Inc. provides express delivery and other value-added logistics services in the People's Republic of China. It offers freight forwarding services; and delivery services for e ...

Alibaba's exploration of exchangeable bonds linked to its ZTO shares signals a strategic shift amid declining valuations. The company made a $1.38 billion investment in ZTO back in 2018 for a 10% ...

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