Alibaba sets sights on full ownership of Cainiao - Chinadaily.com.cn

Retrieved on: 2024-03-26 15:28:03

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Alibaba sets sights on full ownership of Cainiao - Chinadaily.com.cn. View article details on HISWAI: https://www.chinadaily.com.cn/a/202403/26/WS6602e730a31082fc043bec9e.html

Summary

The article discusses Alibaba Group's decision to cancel Cainiao's IPO to invest in full ownership, aligning with their strategy to strengthen logistics for e-commerce growth, reflecting the 'investing' concept with Alibaba and Jack Ma's involvement.

Article found on: www.chinadaily.com.cn

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