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Alibaba bins listing for its Cainiao logistics limb

Wednesday March 27, 2024. 02:29 AM , from TheRegister
Already backed away from cloud spinout, now gradually breaking up with its own breakup plan
Chinese tech giant Alibaba has decided not to spin out its logistics limb, Cainiao, and will instead buy back shares in the outfit and integrate it more deeply with its e-commerce operations.…
Read more at TheRegister
https://go.theregister.com/feed/www.theregister.com/2024/03/27/alibaba_cans_cainiao_ipo/

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