Exclusive: Alibaba in talks to hike stake in Chinese courier YTO Express
https://www.reuters.com/article/us-alibaba-m-a-yto-exclusive/exclusive-alibaba-in-talks-to-hike-stake-in-chinese-courier-yto-express-idUSKBN25N0VO
Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it accelerates consolidation in the world's largest express delivery market.
Exclusive: Alibaba in talks to hike stake in Chinese courier YTO Express
Aug 27, 2020, 8:21am UTC
https://www.reuters.com/article/us-alibaba-m-a-yto-exclusive/exclusive-alibaba-in-talks-to-hike-stake-in-chinese-courier-yto-express-idUSKBN25N0VO
>Alibaba is in talks with YTO Express Group's founders to raise its stake in the Chinese courier company with an aim to become the top shareholder, two people told Reuters, as it accelerates consolidation in the world's largest express delivery market.