Alibaba Group Holding Ltd. is considering options to pare down its minority stake in express delivery firm ZTO Express (Cayman) Inc., according to people familiar with the matter. Alibaba has held ...
STO Express announced plans to acquire 100% of DanNiao Logistics, a unit under Alibaba’s Cainiao, for RMB 362 million ($50 million) in cash, according to a company filing on July 25. The transaction, ...