All Alibaba Group articles
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News
Alibaba withdraws Cainiao IPO plans
E-commerce giant Alibaba Group has decided to cancel plans to place its logistics subsidiary on the Hong Kong Stock Exchange and withdrawn its initial public offering (IPO).Alibaba said that the move would allow it to align Cainiao to realise strategic synergies with online shopping platforms Taobao and Tmall Group and ...
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Cainiao trials IATA's One Record cargo data exchange
Alibaba's logistics arm, Cainiao Network, has trailed IATA's One Record data exchange on its airfreight service between China and Liege.Cainiao has implemented the trial at both ends of the air route and is the first to be able to transmit key node data for single pieces of cargo.The logistics arm ...
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Cainiao IPO gets go ahead
Chinese e-commerce specialist Alibaba Group plans to start exploring an IPO for its logistics unit Cainiao.The Group said its board has approved the process and it aims to complete the initial public offering in the next 12 to 18 months."Our board of directors approved the commencement of a process to ...
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NewsCainiao partners with Shenzhen Airport and Atlas Air to advance air cargo
Photo: AlibabaCainiao Network has partnered with Shenzhen Bao’an International Airport to establish an air cargo centre and expanded its partnership with Atlas Air to launch more international chartered cargo flights from Shenzhen.The new flights from Shenzhen, China to São Paulo, Brazil, will operate twice a week, with a loading capacity ...
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Alibaba to split off its Cainiao logistics unit
Alibaba's logistics unit, Cainiao, is one of six units that will be split off from the main company as part of the firm's biggest restructuring in its 24-year history.In stock exchange fillings, the e-commerce giant said that the company would split into six groups each to be managed by its ...
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News
Kales to sell Cainiao's China-bound air cargo capacity
GSSA Kales Group has signed a deal to sell space on flights operated for Alibaba logistics-arm Cainiao as they make their way back to China.Through subsidiary, Cargonet Asia, Kales Group will support Cainiao with fixed allotments, block space agreements and free sales in order to sell available capacity on flights ...
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NewsCainiao expands cargo network with Malaysia-UK flights
Cainiao Network, the logistics arm of Alibaba Group, has added direct cargo capacity from its Kuala Lumpur International Airport (KLIA) hub to Heathrow as part of efforts to speed up the delivery of goods.The flight will operate three times per week offering a capacity of 30 tonnes per trip onboard ...
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NewsCainiao adds Vietnam air cargo capacity to meet road congestion
Source: CainiaoCainiao Network, the logistics arm of Alibaba Group, has launched a daily charter flight from Nanning to Ho Chi Minh City to meet demand ahead of Vietnam’s Tết Lunar New Year celebration.The logistics firm said the daily three-hour flight would serve as an alternative to truck transportation amid current ...