Cainiao, Alibaba's logistics arm, announced Feb. 27 that Alibaba Group has fully acquired the remaining shares held by Cainiao’s minority shareholders. In ...
The only business segment that failed to grow this quarter was Cainiao - Alibaba's logistics business, which was a direct result of ongoing restructuring efforts at the Chinese tech conglomerate.
Alibaba Group Holding Limited stock remains ... As for the other businesses, they are all up, except Cainiao. This was probably the only downside of this quarterly because Cainiao has the ...
On the other hand, we like Alibaba’s investment in Cainiao to improve the delivery quality of its e-commerce goods. Meanwhile, the company started its cloud business in China in 2009 ...
"International Commerce was 5% above on the top line and Cloud was 3% ahead," Patil said, "but Cainiao was 9% below consensus and Local Services was 16% below." Though Alibaba did not provide ...
With a volume of 2,438,531, the price of BABA is up 4.26% at $138.19. RSI indicators hint that the underlying stock may be approaching overbought.