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 …



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PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which improves e-commerce UX; Everstone bought Wingify for $200M (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : PE firm Everstone combines India's Wingify, which helps A/B test sites, and France's AB Tasty, which...