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Cainiao
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Alibaba’s Cainiao Secures 1.6 Billion Yuan Share in Air China Cargo
(Source: Cainiao) According to Chinese financial data provider Qichacha, Air China Cargo Co., Ltd. has documented a change with the country’s Industrial and Commercial Administration. The update shows that the firm’s registered capital has roared from about 7.376 billion yuan ($1.141 billion) to about 10.69 billion yuan, up by 44.93%, while Zhejiang Cainiao Supply Chain…