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Alibaba injects pharmacy assets into healthcare unit

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30-May-18 E-commerce giant Alibaba will inject some of its online pharmacy business into a listed unit in a deal valued at USD1.35 bn. Under the deal, Alibaba Health Information Technology will buy Ali JK Nutritional Products Holding. [image: Bloomberg]

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Alibaba leads a USD1.38 bn investment in ZTO

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29-May-18 Alibaba Group is leading the purchase of 10% of Chinese delivery service ZTO Express for USD1.4 bn, a deal that will augment its ability to ship packages around the globe. [image: Bloomberg News]

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