BABA-Backed CaiNiao Network's Loss Rose 8% Y/Y, On Track for 2bn+ RMB Loss in 2017, Pressure Grows
On Thursday morning in New York Alibaba Group Holding Ltd (BABA US) reported a generally strong set of June quarter results, lifting the shares...
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Best Inc IPO, Part 2 of 2: Valuation Versus Chinese Express Peers
Chinese express, trucking, and logistics company Best Inc., which counts Alibaba Group Holding Ltd (BABA US) as its largest investor, filed its...
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Chinese Express Volume Grew 32% in June, Pricing Still Under Pressure, ZTO Could Miss Q2 Targets
China's State Post Bureau reported June express parcel volume growth of 32.1% Y/Y. Express parcel revenues grew by 29.6%, so unit prices fell by...
395 Views
Best Inc IPO, Part 1 of 2: Operating Segments, Market Position, & Relationships with Alibaba+CaiNiao
This note is the first part of an in-depth, two-part report on the planned US IPO of Best Inc (BEST), a Chinese express parcel delivery and...
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First Cut: Alibaba-Backed 'Best Inc' Seeks To Raise Up To US$750 Mn in US IPO
Alibaba Group Holding Ltd (BABA US)-backed Best Incorporated (formerly known as Best Logistics Technologies) is seeking to raise around US$750 mn...
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