The logistics arm of China’s e-commerce giant Alibaba has started preparations to become the first of six spin-off units to go public, sources told Caixin. According to the sources, the unit, dubbed Cainiao Network Technology, aims to raise up to $2 billion via a Hong Kong IPO, likely early next year. They asked not to … Continue reading Alibaba’s Logistics Arm Eyes Up to $2 Billion Hong Kong IPO