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

Under the deal announced Tuesday, investors led by Alibaba and its majority-owned logistics unit Cainiao Network will spend almost $1.4 billion to buy a 10% stake in express-delivery company ZTO ...

29, a U.S. filing on Tuesday showed. ZTO Express is backed by Alibaba Group Holding Ltd., which holds a nearly 9% stake.

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.

SHANGHAI (Reuters) - Alibaba Group Holding Ltd will take a 14 percent stake in STO Express ... minority stakes in YTO Express Group Co Ltd, Best Inc and ZTO Express (Cayman) Inc. Cainiao provides ...

So, insiders of ZTO Express (Cayman) have a lot at stake and every decision they make ... The second and third largest shareholders are Alibaba Group Holding Limited and Invesco Ltd., with an ...

Alibaba Group Holding Limited BABA is leaving no stone unturned to bolster presence in the retail sector with robust delivery networks. The company plans to increase stake in a China-based courier ...

Under the deal announced on Tuesday, investors led by Alibaba and its majority-owned logistics unit Cainiao Network will spend almost $US1.4bn to buy a 10 per cent ...

Alibaba invests $693 million for stake in Chinese courier STO Express ...

SHANGHAI, March 11 (Reuters) - Alibaba Group Holding Ltd will take a 14 percent stake in STO Express ... minority stakes in YTO Express Group Co Ltd, Best Inc and ZTO Express (Cayman) Inc. Cainiao ...

Alibaba Group will take a 14% stake in STO Express through a $ ... sector after it acquired minority stakes in YTO Express Grou, Best and ZTO Express (Cayman). STO Express is one of several ...

SHANGHAI (Reuters) - Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through ... sector after it acquired minority stakes in YTO Express Group Co Ltd, Best Inc and ZTO ...