Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar

India Greater China Rest of Asia World

E-Commerce & Internet Economy Technology Real Estate and Infrastructure Financial Services Social Infrastructure Deals Barometer

Alibaba's logistics unit gears up for Hong Kong IPO this year

Alibaba's logistics unit gears up for Hong Kong IPO this year

FILE PHOTO: A person walks past a sign of Alibaba Group during the World Artificial Intelligence Conference, following the coronavirus disease (COVID-19) outbreak, in Shanghai, China, September 1, 2022. REUTERS/Aly Song

30 March, 2023

Alibaba Group Holding Ltd’s logistics arm Cainiao Network Technology has started preparations with banks for its Hong Kong initial public offering, Bloomberg News reported on Thursday, citing people familiar with the matter.

Printed by Unregistered user on Thu, 21 Sep 2023 12:39:28 GMT

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief

Subscribe to Newsletter

Related Stories

SoftBank to book $2.7b gain from Alibaba share transfer to wholly-owned arm

The intra-group transaction will have no impact on the Japanese tech investor's group earnings.

Alibaba considers yielding control of some businesses post IPO

The group is also planning to monetise non-strategic assets in its portfolio.

Alibaba to decide on control over new business units after IPOs, says CEO

Alibaba began laying the groundwork for the restructuring over the past few years, he said.

Policy & Regulations

Alibaba's revamp plan lifts hopes China's regulatory winter is thawing

Many investors have seen a wave of regulatory blitzes over the last couple of years.