Home › Alibaba invests $1.38bn to boost logistics capability
 

Keywords :   


Alibaba invests $1.38bn to boost logistics capability

2018-05-31 12:42:00| Daily apparel & textile news and comment - from just-style.com

Chinese online retail giant Alibaba and its logistics arm Cainiao Network Technology are investing US$1.38bn in courier firm ZTO Express in a move that will boost the group's logistics capability in the highly competitive domestic market.

Tags: capability boost logistics alibaba

Category:Consumer Goods and Services

Latest from this category

All news
04.10Should you tip even if the service wasn't worth it?
04.10Ex-Harrods exec: I lost my job due to Al Fayed
04.10How worried should I be about rising oil prices?
04.10EU hits China with big taxes in electric car sales battle
04.10Builders' 2.5bn merger backed after monopoly probe
04.10Surprise surge in new US jobs in September
04.10Meta must limit data for personalised ads - EU court
04.10Meta must limit data for personalised ads - EU court
Consumer Goods and Services »
05.10Hurricane Kirk Graphics
05.10Hurricane Kirk Forecast Discussion Number 24
05.10Hurricane Kirk Wind Speed Probabilities Number 24
05.10Hurricane Kirk Forecast Advisory Number 24
05.10Hurricane Kirk Public Advisory Number 24
05.10Summary for Hurricane Kirk (AT2/AL122024)
05.10Hurricane Leslie Graphics
05.10Hurricane Leslie Forecast Discussion Number 12
More »