Alibaba to Spin Off Cainiao Logistics Unit for Hong Kong IPO
Alibaba Group Holding Ltd. said it will spin off Cainiao Smart Logistics Network Ltd., the logistics arm of its ecommerce empire, through an initial public offering in Hong Kong. • None Indians Have Five Days to Deposit $3 Billion in Soon-to-Be-Withdrawn Banknotes • None Dimon Warns World Not…
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