<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      Alibaba to invest in STO express

      Source: Xinhua| 2019-03-11 16:31:17|Editor: ZX
      Video PlayerClose

      HANGZHOU, March 11 (Xinhua) -- Chinese e-commerce powerhouse Alibaba has agreed to invest 4.66 billion yuan (about 693 million U.S. dollars) in exchange for about 14.6 percent equity stake in delivery company STO Express.

      According to a statement released by STO express on Monday, its controlling shareholder Shanghai Deyin Investment Holding Co. Ltd. will set up two new subsidiaries. Alibaba will invest 4.66 billion yuan and own 49 percent in one of the new subsidiaries. That subsidiary will own 29.9 percent stake in STO Express, and by extension, Alibaba will hold 14.6 percent.

      The agreement, signed on Sunday, will see Alibaba and STO express deepen their collaboration in the transformation of China's logistics industry, in areas including logistics technology, last-mile pickup and delivery capabilities and new retail business-related deliveries.

      In May last year, Alibaba's delivery arm, Cainiao Network said it would set up more global logistics bases to make its logistics network smarter and more efficient, ultimately aiming to be able to deliver anywhere in the world within 72 hours. In 2017, Alibaba Group also announced an investment of 100 billion yuan over five years to build a global logistics network.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011100001378861131
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          亚洲色一色噜一噜噜噜人与 | 色综合久久综合国产精品 | 一本久道综合久久婷婷婷婷 | 亚洲网一区二区在线播放 | 亚洲欧美五码中文字幕 | 亚洲A级情欲片在线观看 |