Alibaba Group Holding Ltd.’s delivery affiliate will continue to prioritize growth over profits as it builds the logistics network at the heart of the Chinese e-commerce giant’s global expansion.
Alibaba's logistics unit Cainiao seeks fresh funds but only from investors who don’t mind losses
A worker walks past a logo of Alibaba Group at its headquarters on the outskirts of Hangzhou, Zhejiang province, August 24, 2013. REUTERS/China Daily/Files
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