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September 2, 2020 08:39 am GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W7eRpYV7SII/
Chinas logistics titan YTO nets close to $1B from Alibaba in overseas push
E-commerce has brought in a logistics boom in China over the last decade, transforming small-town delivery businesses into multinational corporations. One leading player, YTO, is gearing up for international expansion after it secured 6.6 billion yuan or $970 million from its long-time ally and client, Alibaba. 20-year-old YTO announced this week it will sell 379 […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/W7eRpYV7SII/
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