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May 29, 2018 12:19 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/au7l1ZsFy8s/
Alibaba doubles down on logistics with $1.4B investment in Chinese courier ZTO
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 […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/au7l1ZsFy8s/
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