July 25, 2021

Alibaba and Cainiao make strategic investment in ZTO Express

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NEWS PROVIDED BY ZTO Express (Cayman) Inc. ZTO investment to tap New Retail opportunities and further digitalize China’s logistics industry HANGZHOU, China, May 29, 2018 /PRNewswire/ — Alibaba Group Holding Limited (NYSE: BABA) (“Alibaba”) and its logistic arm Cainiao Network (“Cainiao”), and ZTO Express (Cayman) Inc. (NYSE: ZTO) (“ZTO”), a leading and fast-growing express delivery […]