for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Business

Alibaba takes control of logistics business

Posted

Chinese e-commerce firm Alibaba Group has taken control of logistics unit Cainiao and pledged to spend $15 billion over five years to build out a global logistics network. Laura Frykberg reports.

Business

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up