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Sources: Alibaba's logistics arm Cainiao Network Technology plans to raise $1B to $2B via a Hong Kong IPO in early 2024; Alibaba has a 67% stake in Cainiao (Reuters) 08-05-2023

Reuters:
Sources: Alibaba’s logistics arm Cainiao Network Technology plans to raise $1B to $2B via a Hong Kong IPO in early 2024; Alibaba has a 67% stake in Cainiao  —  Alibaba’s (9988.HK) logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year …


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