Home › Alibaba to buy SingPost stake for $249 million to boost e-commerce logistics
 

Keywords :   


Alibaba to buy SingPost stake for $249 million to boost e-commerce logistics

2014-05-29 04:06:29| Telecom - Topix.net

A unit of Chinese e-commerce giant Alibaba Group Holdings Ltd will buy a minority stake in Singapore Post Ltd for S$312.5 million to help set up an international e-commerce logistics business.

Tags: buy million boost logistics

Category:Telecommunications

Latest from this category

All news
»
03.12Labelexpo South China 2024 features latest industry trends
03.12PPG Earns Two Awards During CARES 2024 Automotive Forums in U.S., Europe
03.12Filtrex 2025 to be Held in March
03.12Nu-Maber Italy adds dual ThermoFlexX Catena-E 80 units
03.12TEKLYNX assists with label compliance
03.12Megnajet supporting Arrow Systems\' growing digital portfolio
03.12WEG Achieves Gold Certification in EcoVadis for Second Consecutive Year
03.12Bank boss takes pay cut after employee 'tried to kill clients'
More »