Sources: Alibaba's logistics arm Cainiao Network Technology plans to raise between $1B and $2B via a Hong Kong IPO, likely in early 2024 (Reuters)

https://ift.tt/cpD8FYA

Reuters:
Sources: Alibaba's logistics arm Cainiao Network Technology plans to raise between $1B and $2B via a Hong Kong IPO, likely in early 2024  —  Alibaba's (9988.HK) logistics arm aims to raise up to $2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said …

from Techmeme https://ift.tt/2aFyN4i