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Alibaba scraps IPO of logistics unit Cainiao, says it will take full ownership

March 26, 2024

Alibaba said Tuesday it is cancelling the proposed initial public offering of its Cainiao smart logistics unit.

Source: Alibaba scraps IPO of logistics unit Cainiao, says it will take full ownership

    

Updated: March 26, 2024 at 11:53 am
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