HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE:BABA) today announced it has agreed to take a minority stake in Shanghai YTO Express (Logistics) Co., Ltd, one of China’s leading ...

When Alibaba makes a move, investors take notice. So is the case with YTO Express Holdings, which soared 259% on Wednesday after Alibaba increased its investment stake in the Chinese delivery firm by ...

Alibaba Group, China's largest e-commerce company, has proposed to purchase a 14 percent stake in STO Express, one of the largest courier service providers in the country, to further strengthen its ...

SHANGHAI (Reuters) - Alibaba Group Holding Ltd will take a 14 percent stake in STO Express Co Ltd through a $693 million deal, the e-commerce giant's fourth significant investment in a Chinese courier ...

HONG KONG (Reuters) - Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it ...

Click to share on X (Opens in new window) X Click to share on Facebook (Opens in new window) Facebook (Image credit: Alibaba Group) Every Wednesday and Friday, TechNode’s Briefing newsletter delivers ...

Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Sign up Alibaba’s logistics arm, Cainiao, on Wednesday ...

SHANGHAI/SINGAPORE (Reuters) - Alibaba-backed YTO Express plans to go public via a 17.5 billion yuan (2 billion pound) merger with a listed clothing maker, becoming the latest courier seeking capital ...

China's e-commerce giant Alibaba is now allowing businesses from a select few other countries to sell goods on its platform. AliExpress, which enabled small and medium-sized companies in China to sell ...

After announcing plans in September 2018 to build a joint venture together, today Russian internet giant Mail.ru, Megafon and China’s Alibaba announced that the deal has closed. With support also from ...

Alibaba versus AliExpress: What’s the real difference between these online shopping titans, perhaps better known as Amazon’s larger cousins? While the two Asian companies are owned by the same parent ...

The company has an extremely wide moat in mobile payments, which is of great value to potential acquirers. Although pricey, acquiring PayPal means the acquirer would have access to hundreds of ...