Alibaba-backed logistics firm Cainiao lands funding at a reported $7.7B valuation
March 14, 2016 at 04:15 AM EDT
Cainiao, a three-year-old Alibaba-backed company specializing in logistics, has confirmed its maiden external funding round from Temasek Holdings and GIC in Singapore, Malaysia’s Khazanah Nasional and China-based Primavera Capital. Read More