Alibaba plans to withdraw Cainiao's Hong Kong listing application. Currently, the IPO cannot highlight Cainiao's intrinsic value
Alibaba (09988.HK) further adjusted its original restructuring strategy and decided to withdraw the Hong Kong IPO application of Cainiao Smart Logistics Network, a logistics subsidiary.
Cainiao integrated two key businesses, and the IPO preparation period reached the “last 100 meters”
Cainiao's two major terminal logistics service platforms, Cainiao Inn and Cainiao Village, have recently completed the merger. After the merger, the head of the new department was Xiong Jian (Chinese name Ma Liu), the former head of Cainiao Village.
Rekindle the money-making effect? Inventory and outlook of Hong Kong stock IPOs
Along with expectations of valuation restoration, market sentiment is expected to gradually pick up, and new share purchases may become popular again.
Major Courier Players Expand Overseas Footprint, Ramp up Logistics Efficiency
Major domestic courier companies have expanded their global footprint and increased logistics efficiencies this year, as they seek growth opportunities beyond the Chinese market.
Express News | Cainiao's IPO is steadily advancing, and the Securities Regulatory Commission announces supplementary material requirements for Cainiao's overseas listing
Ali takes action! Is Baishi Group going to be privatized?
On November 6, Baishi Group, a provider of smart supply chain solutions and logistics services in China, issued an announcement stating that the board of directors has received an initial non-binding offer from a buyer consortium composed of Alibaba, Cainiao Network, and company founder Zhou Shaoning to acquire all issued common shares.
Express News | Cainiao held a non-trading roadshow, investors reacted positively and enthusiastically
Express News | Securities Regulatory Commission: It has received the filing materials for Cainiao's intention to be listed on the Hong Kong Stock Exchange
Alibaba's Logistics Unit Launches Half-day Delivery Service
Cainiao Network, the logistics arm of Chinese tech heavyweight Alibaba Group Holding Ltd, has rolled out its half-day express delivery service in Beijing before the upcoming Singles Day shopping carnival, as part of its broader push to boost the logistics and delivery efficiency.
Cainiao went public, how far is the express delivery industry from the end?
On September 26, Cainiao Group announced two things: one is that it has submitted an IPO application for Hong Kong stocks and will go public independently before Alibaba's other five major groups; second, it announced that it has achieved a global 5-day global reach in the UK, Spain, the Netherlands, Belgium, and South Korea.
Express News | Cainiao updates its IPO application in Hong Kong and further appoints Morgan Stanley Asia Limited as its overall coordinator
Cainiao Network officially submitted an IPO application to the Hong Kong Stock Exchange, and Alibaba contributed about 30% of revenue
Cainiao Network officially submitted a report to the Hong Kong Stock Exchange. What exclusive information did the prospectus reveal? The cross-border logistics market continues to grow. How does it contribute to Cainiao's performance?
Cainiao submitted a prospectus to be listed in Hong Kong, co-sponsoring by Citi, CITIC, and J.P. Morgan
On September 26, 2023, Cainiao Smart Logistics Network Limited (hereinafter referred to as “Cainiao”), headquartered in Hangzhou, Zhejiang, submitted a prospectus to the Hong Kong Stock Exchange to be listed on the Hong Kong Main Board.
IPO News | Cainiao submits that the main board of the Hong Kong Stock Exchange is the world's largest cross-border e-commerce logistics service company
According to the Hong Kong Stock Exchange's disclosure on September 26, Cainiao Smart Logistics Network Co., Ltd. submitted a listing application to the main board of the Hong Kong Stock Exchange. Citi, CITIC Securities, and J.P. Morgan Chase are their co-sponsors.
Is Alibaba the first listed company after breaking up six? Cainiao plans to IPO on the main board of Hong Kong stocks
Alibaba announced on the Hong Kong Stock Exchange on Tuesday that the company plans to split Cainiao by independently listing Cainiao shares on the main board of the Hong Kong Stock Exchange.
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