Alibaba logistics arm plans autonomous driving merger at two billion dollar valuation

Alibaba's logistics arm is reportedly planning to merge its autonomous-driving unit with Zelos Technology. The new entity would be valued at about $2 billion.

Insights:
The logistics arm of Alibaba Group Holding Limited is reportedly planning to merge its autonomous-driving unit, Cainiao, with Zelos Technology in China CNCN. According to a report from the Wall Street Journal on January 29, 2026, the proposed deal would result in the formation of a new entity valued at approximately $2 billion. The plan focuses on consolidating autonomous-driving assets within the logistics operations of Alibaba Group Holding Limited.
FILE PHOTO: An Alibaba logo is displayed at the company's booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov/File Photo
FILE PHOTO: An Alibaba logo is displayed at the company's booth at China International Fair for Trade in Services (CIFTIS) in Beijing, China, September 10, 2025. REUTERS/Maxim Shemetov/File Photo
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