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Reuters: Alibaba might buy at least 10 percent stake in Chinese courier Yunda

News | Ecommerce | 01 Apr 2020

Alibaba is looking to buy the stake from Yunda’s controlling shareholders who own 52.19% of Yunda through their wholly owned company Shanghai LuoJieSi Investment Management, according to Reuters’ sources.

Yunda. Alibaba, China, shares, funding, ecommerce, delivery, parcels