HANGZHOU, China--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE:BABA) today announced it has agreed to take a minority stake in Shanghai YTO Express (Logistics) Co., Ltd, one of China’s leading logistics companies. Both companies will cooperate in developing optimal logistics solutions for China in order to raise operational efficiency in the industry. YTO Express is one of 14 logistics partners that work closely with Cainiao, the logistics affiliate of Alibaba Group. Cainiao and YTO Expr
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