Saturday, September 5, 2020

Alibaba pays nearly $1B to increase its stake in the Chinese courier group YTO Express from 10.5% to 22.5% (Ryan McMorrow/Financial Times)

Ryan McMorrow / Financial Times:
Alibaba pays nearly $1B to increase its stake in the Chinese courier group YTO Express from 10.5% to 22.5%  —  Ecommerce giant pays nearly $1bn to boost holding in YTO as it tries to speed up delivery  —  Alibaba is stepping up efforts to tighten control over its logistics network …



at
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B led by Meituan and Tencent (Kate Park/TechCrunch)

Kate Park / TechCrunch : Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B l...