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This year’s hottest tech IPO may be a transportation company

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One standout fact about Cainiao is that it is the second-largest contributor to Alibaba’s profit growth, despite accounting for just 9.2% of group revenue. Punching above its weight within the Alibaba empire is what makes the logistics company the perfect choice to lead the coming parade of IPOs

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​ One standout fact about Cainiao is that it is the second-largest contributor to Alibaba’s profit growth, despite accounting for just 9.2% of group revenue. Punching above its weight within the Alibaba empire is what makes the logistics company the perfect choice to lead the coming parade of IPOs One standout fact about Cainiao is that it is the second-largest contributor to Alibaba’s profit growth, despite accounting for just 9.2% of group revenue. Punching above its weight within the Alibaba empire is what makes the logistics company the perfect choice to lead the coming parade of IPOs  Moneycontrol Latest News Read More  

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