Alibaba Group Holding Ltd. is considering options to pare down its minority stake in express delivery firm ZTO Express (Cayman) Inc., according to people familiar with the matter.

In 2018, Alibaba led a group of investors who bought 10% of ZTO for $1.38 billion in order to expand services in the global transportation sector. The investor group included Alibaba's logistics ...

Back in 2018, Alibaba led a consortium of investors in acquiring a 10% stake in ZTO for $1.38 billion. This move was aimed at enhancing its global shipping services.

Investing.com -- Alibaba (NYSE: BABA) Group Holding Ltd. is exploring options to trim its minority stake in the express delivery company, ZTO Express (NYSE: ZTO) (Cayman) Inc.This information comes ...

JD.com, Alibaba’s main e-commerce rival and the creator of the 618 event, said on Thursday that its transactional users doubled year on year, with 2.2 billion orders placed during the period ...

China's tech giant Alibaba has launched new Qwen3 artificial intelligence models for Apple's MLX architecture, Alibaba said in a statement on Monday. The new models would be able to run on a range ...

American Express has significant updates in the pipeline for its Platinum credit cards. The company’s U.S. consumer and business Platinum Cards are slated to get "major" updates "later this year ...

Alibaba (NYSE: BABA), the largest e-commerce and cloud company in China, went public at $68 per share on Sept. 18, 2014. It raised $25 billion, making it the largest IPO in history at the time ...

RedNote joins AI race with its own open-source model that it says bests Alibaba, DeepSeek The company, known for its Instagram-like platform, on Friday unveiled dots.llm1, a mixture-of-experts ...

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