Alibaba takes control of logistics business, pledges $15 billion to expand network – Reuters

Alibaba takes control of logistics business, pledges $15 billion to expand network – Reuters

Reuters

Alibaba takes control of logistics business, pledges $15 billion to expand network
Reuters
FILE PHOTO: A logo of Alibaba Group is pictured at its headquarters in Hangzhou, Zhejiang province, China, October 14, 2015. REUTERS/Stringer/File Photo. HONG KONG (Reuters) – Chinese e-commerce firm Alibaba Group announced it will invest 100 …
Alibaba Takes Control of Delivery Business at Center of US ProbeBloomberg


Alibaba to Take Majority Stake in Cainiao NetworkBusiness Wire (press release)
Alibaba to pay $807 million for majority stake in logistics firm CainiaoCNBC
Financial Times –Tech Wire Asia
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