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Alibaba's Cainiao to Build Air Cargo Hub in Shenzhen

Alibaba's Cainiao to Build Air Cargo Hub in Shenzhen

On April 3, Cainiao, a Chinese logistics company launched by Alibaba, announced a cooperation agreement with Shenzhen Bao'an International Airport to jointly build the first national air cargo center for Cainiao international express and introduce more international air cargo routes.

4/4/20232 min read
HeyTea to Complete New Round of Funding for $9.27 Billion

HeyTea to Complete New Round of Funding for $9.27 Billion

According to PEDaily, several independent sources said that Chinese milk tea chain HeyTea is about to complete a new round of funding. At present, the amount of funding for this round has not been disclosed, though the company is currently valued at around $9.27 billion. HeyTea did not comment on the matter.

6/25/20213 min read