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Alibaba logistics arm eyes up to $2 billion Hong Kong IPO -sources

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reuters.com/technology/alibaba-logistics-arm-eyes-up-2-billion-hong-kong-ipo-sources-2023-05-08

[1/2] Cainiao's logo, Alibaba's logistics unit, is seen at the warehouse in Wuxi, Jiangsu province, China October 26, 2020. Picture taken October 26, 2020. REUTERS/Aly Song/File Photo
SYDNEY/HONG KONG, May 8 (Reuters) - Alibaba's (9988.HK) logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said,…

This story from reuters.com was posted on 2023-05-08 by @daydreamr.

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