Alibaba's Robovan Unit to Invest in Zelos Technology for $2B

martes, 3 de febrero de 2026, 5:57 pm ET1 min de lectura
BABA--

Alibaba Group Holding's logistics arm, Cainiao, is set to invest in Zelos Technology, a firm that offers autonomous driving solutions for logistics. The investment is worth approximately $2 billion, with Cainiao not becoming a controlling shareholder. The two companies will enter a deep strategic integration, jointly building a RoboVan Super Carrier in the unmanned freight sector. Alibaba Group Holding has returned over 76% in the past year and has a median price target of $202.67, with 88% of analysts rating the stock a Buy.

Alibaba's Robovan Unit to Invest in Zelos Technology for $2B

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