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

Alibaba said Tuesday that it was withdrawing its initial public offering and listing application, and instead proposes purchasing all outstanding shares of Cainiao Smart Logistics Network. The ...

Take a look inside Alibaba's smart warehouse where robots do 70% of the work. They can carry up to 500 kilograms above them around the warehouse floor. They have special sensors to avoid colliding ...

Amazon comparison, Alibaba continues to show innovation in the way it diversifies and leverages its many businesses, from logistics to retail stores. Since Alibaba’s founding in 1999 ...

Alibaba's logistics business, Cainiao, has seen its revenues decline marginally during the most recent quarter, with revenue pulling back by 1% during the third quarter, relative to one year earlier.

Alibaba Group Holding Limited (NYSE ... Amap and Ele.me and revenue growth from marketing services. Cainiao Smart Logistics Network Limited’s revenue decreased 1% year over year to $3.87 billion ...