Alibaba Break-Up Gets Underway With Cainiao Listing Move

Alibaba’s plan to break off its six units, in what would be the biggest restructuring in its 24-year history, got underway on Tuesday when it announced it will list its logistics arm Cainiao in Hong Kong. The move would make the unit the first to be separated since the Chinese e-commerce giant…

#alibaba #cainiao #hongkong #fordhaltswork #35bncatl #batteryplantreuters #intimegroup #jackma #beijing #danielzhang