A.I. Kung Fu: Alibaba pays nearly $1B to increase its stake in the Chinese courier group YTO Express from 10.5% to 22.5% (Ryan McMorrow/Financial Times)

Saturday, September 5, 2020

Alibaba pays nearly $1B to increase its stake in the Chinese courier group YTO Express from 10.5% to 22.5% (Ryan McMorrow/Financial Times)

Ryan McMorrow / Financial Times:
Alibaba pays nearly $1B to increase its stake in the Chinese courier group YTO Express from 10.5% to 22.5% — Ecommerce giant pays nearly $1bn to boost holding in YTO as it tries to speed up delivery — Alibaba is stepping up efforts to tighten control over its logistics network …

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via A.I .Kung Fu

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