Latest News on Cainiao
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Cainiao - Total results - 3
Sep 26, 2017
Alibaba takes control of Cainiao; pledges to spend $15 billion to build a global logistics networkAlibaba, which will gain an extra seat on Cainiao’s board, added that more shares were issued in the funding round to other investors.
Sep 20, 2016
Alibaba logistics arm expects funds to last 18 months; will raise more moneyCainiao Network, the logistics arm of Chinese e-commerce giant Alibaba Group Holding Ltd, will hold another round of fundraising but it is hoping that money raised in March will be sufficient for a year to 18 months.
May 13, 2015
Alibaba rolls out 3-hour delivery service for healthcare goodsChinese online shopping giant Alibaba Group Holding Ltd is rolling out a three-hour delivery service for healthcare goods, mimicking rival JD.com Inc.