Alibaba's Cainiao Is on Its Way to Becoming a Logistics Powerhouse
Once a darling among growth investors, Alibaba Group (NYSE: BABA) has lost its past glory lately as growth has slowed to a historical low. To rekindle the momentum, Alibaba separated its empire into individual business units, giving each the independence to chart its own path forward.
Alibaba's move could lead to the eventual separation of these business units, so it makes sense for investors to learn more about these individual businesses. One of the more promising business units is Cainiao. Here's what you need to know.
Source Fool.com
Alibaba Group Holding Ltd ADR Stock
With 41 Buy predictions and 2 Sell predictions Alibaba Group Holding Ltd ADR is one of the favorites of our community.
As a result the target price of 109 € shows a very positive potential of 57.74% compared to the current price of 69.1 € for Alibaba Group Holding Ltd ADR.