Retailers/Alibaba Group/News/news article

Alibaba increases investment in global express delivery

Date : 02 September 2020

Jiong-Jiong Yu

Senior Retail Analyst

The group is reported to increase its ownership stake in YTO Express, a Chinese courier firm. Looks to consolidate dominance in the global express delivery market According to a report by Reuters, Alibaba is currently negotiating with YTO Express ownership, as the former looks to…
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