Alibaba's Robovan Unit to Invest in Zelos Technology for $2B
ByAinvest
Tuesday, Feb 3, 2026 5:57 pm ET1min read
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.
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