Cash investment
Source: Agencies |
00:01 UTC+8 July 12, 2018
|
Print Edition
Print Edition
CAINIAO Network has made a US$290 million cash investment in Hangzhou-based crowdsourcing courier platform Dianwoda. Cainiao Network will become Dianwoda’s controlling shareholder and will also merge its existing outsourcing business with Dianwoda.
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