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Asia Times

Covering geo-political news and current affairs across Asia

Tag: ZTO

Posted inChina

Alibaba, Cainiao to spend US$13.8 bn for 10% of ZTO

by Asia Times staff May 30, 2018February 18, 2020

Multinational e-commerce group Alibaba and its smart logistics arm, Cainiao, have agreed on a US$13.8 billion cash injection into ZTO Express, one of the leaders in the express delivery sector, The Paper reported. After the strategic investment, the two firms will hold a 10% equity stake in the target company. The investment will also see Cainiao […]

Posted inChina, Middle East, Shanghai

Chinese courier ZTO sued for ‘untrue statements’ in US IPO

by Reuters July 21, 2017February 18, 2020

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