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Ali takes action! Is Baishi Group going to be privatized?
On November 6th, China's smart supply chain solution and logistics service provider, Baishi Group, announced that its board of directors has received a preliminary non binding offer from a buyer's co ... -
Cainiao's IPO is imminent, forming a consortium with Alibaba to privatize Baishi Group, with the intention of "Drunken Master" or in Southeast Asia
Just two years after selling its domestic express delivery business, Baishi Group is about to undergo another major change. On the evening of November 6th, Baishi Group disclosed that the company's b ... -
Exclusive | Baishi Group's Proposed Privatization Insiders Deny Alibaba or Cainiao's Takeover
On November 6th, Baishi Group announced that its board of directors had received a preliminary non binding offer from a buyer consortium composed of Alibaba, Cainiao Network, and founder Zhou Shaonin ... -
Bai Shi Group plans to privatize, according to insiders: Alibaba Cainiao's speculation of taking over the market is a dark dragon
Recently, Baishi Group received a privatization proposal worth over 400 million yuan, with major shareholders Alibaba and Cainiao participating. The privatization proposal sparked market speculation, ... -
Baishi Group's revenue in the third quarter increased by 9.7% year-on-year to 2.23 billion yuan
On November 23rd, Baishi Group released its performance report for the third quarter of 2023. According to financial report data, in the third quarter, the group's revenue increased by 9.7% year-on-y ... -
Why is the price war in logistics transportation intensifying and why is Baishi's supply chain expanding against the trend in county-level markets
BEST. US recently released its financial results for the third quarter of 2023, with revenue increasing by 9.7% year-on-year to RMB 2.23 billion, gross profit margin increasing by 4.2 percentage poin ... -
Baishi Group: Revenue of 8.316 billion yuan in 2023, a year-on-year increase of 7.4%
On March 28th, Best Group released its unaudited financial results for the fourth quarter and full year of 2023. The revenue in the fourth quarter reached 2.236 billion yuan, a year-on-year increase ... -
Baishi Group announces dual growth in revenue and profit for the first quarter of 2024
On June 6th, Best Group released its unaudited financial performance for the first quarter of 2024. The financial report shows that the group's revenue in the first quarter reached 1.942 billion yuan ... -
Best Group deepens its layout in Southeast Asia and welcomes new opportunities in the Indonesian market
On November 10th, China and Indonesia signed a $10 billion agreement at the "China Indonesia Business Forum" held in Beijing, which not only marks the deepening of economic cooperation between the tw ...