Once a darling among growth investors, Alibaba Group (NYSE: BABA) has lost its past glory lately as growth has slowed to a historical low. To rekindle the momentum, Alibaba separated its empire into ...
An employee sorts packages at a Cainiao logistics service station in Fuyang, Anhui province, in June. WANG BIAO/FOR CHINA DAILY Cainiao Group, the logistics arm of Chinese technology heavyweight ...
Alibaba plans to seek a Hong Kong listing for its fast-growing Cainiao logistics arm. The business grew 34% in the June quarter, is profitable and on a good growth trajectory. Cainiao's growth ...