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Joe Tsai - Alibaba

Alibaba Confirms IPO Plan for Cainiao Logistics Arm as Restructuring Moves Ahead

2023/05/22 by Christopher Caillavet Leave a Comment

Alibaba has confirmed plans to pursue an initial public offering for its Cainiao logistics unit as the Chinese e-commerce group pushes forward with a restructuring plan announced in March.

Alibaba, which owns 67 percent of the equity in Cainiao Smart… Read More>>

Joe Tsai - Alibaba

Alibaba’s Joe Tsai Revealed as Buyer of $157.5M Manhattan Condo

2021/07/22 by Mingtiandi Team Leave a Comment

Alibaba’s vice chairman Joseph Tsai has seen his company’s stock price take a beating this year, but that hasn’t stopped him from buying the third most expensive home in American history.

The billionaire e-commerce entrepreneur and Jack Ma running buddy… Read More>>

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