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China's Fosun seeks to sell stake in Alibaba's logistics arm Cainiao- sources

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China's Fosun seeks to sell stake in Alibaba's logistics arm Cainiao- sources

Debt-laden Chinese conglomerate Fosun International is seeking to offload a minority stake in Alibaba Group's logistics arm Cainiao, in a deal that could fetch up to $1 billion, two people with direct knowledge of the matter said.

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China's Fosun seeks to sell stake in Alibaba's logistics arm Cainiao- sources

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China's Fosun seeks to sell stake in Alibaba's logistics arm Cainiao- sources

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