Alibaba is doubling down on logistics after it led a $1.38 billion investment in Chinese courier firm ZTO Express alongside Alibaba logistics affiliate Cainiao. ZTO went public on the NYSE in 2016 raising $1.4 billion from what was the year’s largest IPO in the U.S. The Shanghai-based company claims to be one of China’s largest […]
View More Alibaba doubles down on logistics with $1.4B investment in Chinese courier ZTOKnowledge is POWER