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Searching for "Stars Express"
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Alibaba-invested Courier Firm Stars Express Bankrupt
iFeng Tech, 3/05/12
Chen Ping, founder of Beijing-based express delivery service Stars Express, has revealed in a text message that the company has gone bankrupt, with investor B2B e-commerce company Alibaba.com (1688.HK) losing RMB 70 mln and Chen losing RMB 50 mln. Read More
Alibaba Group to Invest RMB 20-30 Bln in Warehouses
Sina Tech, 1/19/11
Alibaba Group and its financial partners will invest between RMB 20-30 bln to construct a national warehouse network called "AliWarehouse" as part of its new distribution strategy, and aims to raise more than RMB 100 bln from the e-commerce sector to develop a national distribution system. Read More
Alibaba to Invest in Express Delivery Company
China Business News, 3/18/10
On March 29, Chinese B2B e-commerce company Alibaba.com (1688.HK) will sign an agreement to invest in Stars Express, a privately owned express delivery company. Read More
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