Alibaba is doubling down on its logistics affiliate Cainiao, two years after acquiring a majority stake in the firm. The Chinese giant said today it would invest an additional 23.3 billion yuan (about $3.33 billion) to raise its equity in Cainiao to 63% from 51%.
from Pocket https://techcrunch.com/2019/11/08/alibaba-cainiao-63-percent/
via TV Aerials Leeds
No comments:
Post a Comment