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Alibaba's logistics business will go public in first IPO from the new-look tech giant | CNN Business

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Alibaba's logistics business will go public in first IPO from the new-look tech giant | CNN Business

Alibaba said Tuesday that it would spin off Cainiao, its logistics arm, in what will be the conglomerate's first initial public offering since it announced a sweeping revamp of its business earlier this year.

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Alibaba's logistics business will go public in first IPO from the new-look tech giant | CNN Business

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Alibaba's logistics business will go public in first IPO from the new-look tech giant | CNN Business

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