Jack Ma, the founder and chairman of the Chinese e-commerce giant Alibaba, answers questions during a two-day session with owners of US small and medium-sized enterprises in Detroit. A logistics firm supported by Alibaba is planning an IPO in the US. Photo: Xinhua
Chinese delivery firm Best Inc, backed by e-commerce giant Alibaba Group Holding Ltd, has filed for an initial public offering in the US.
Best, formerly known as Best Logistics Technologies Ltd, filed to sell American depository shares with an initial offering size of US$750 million, according to a US Securities and Exchange Commission…
