The new venture, named Cainiao Robovan, is anticipated to achieve a staggering valuation of around two billion dollars. With a fleet eclipsing 20,000 autonomous vehicles, this collaboration places ...

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Alibaba's logistics arm is merging its autonomous-driving unit with a Chinese robovan company, creating a business valued around $2 billion. Under the deal, Alibaba's Cainiao unit will get a stake in ...

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Chinese robovan company Zelos Technology has bolder ambitions after striking a deal to create a $2 billion business with Alibaba’s logistics arm. Its next step? Investing in core technology and ...

Alibaba’s logistics arm, Cainiao, is reportedly planning to merge its autonomous-driving operations with Chinese startup Zelos Technology in a deal that could create a combined entity valued at around ...

Zelos Technology and Cainiao's autonomous vehicle jointly announced that they had achieved a deep strategic integration in the autonomous vehicle business, marking the official commencement of deep ...

FREEHOLD, N.J.--(BUSINESS WIRE)--Cenntro Electric Group Limited (NASDAQ: CENN) (“Cenntro” or “the Company”), a leading EV technology company with advanced, market-validated electric commercial ...

This article first appeared on GuruFocus. Zelos Technology is moving closer to public markets at a moment when investor attention around automation and logistics could be building. The Chinese robovan ...

Alibaba’s 9988-0.23%decrease; red down pointing triangle logistics arm plans to merge its autonomous-driving unit with a Chinese robovan company, creating a business valued around $2 billion. Under ...

Alibaba Group Holding Limited (NYSE:BABA) is one of the 10 Hottest Stocks to Buy in 2026. According to reports, Alibaba Group Holding Limited’s (NYSE:BABA) robovan unit, Cainiao, is set to invest in ...