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.

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

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 ...

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 ...

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 ...

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 ...

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 ...