China-based Alibaba has acquired a controlling stake in logistics company Cainiao. The e-retailer giant has further announced an intention to invest 100 billion yuan ($15 billion) in its global logistical capabilities over the next five years.
from Forbes Real Time https://www.forbes.com/sites/jwebb/2017/09/28/alibaba-to-invest-15-billion-in-global-logistics-and-takes-a-controlling-stake-in-cainiao/
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