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Alibaba's Logistics Arm to Buy Stake in Chinese Robovan Developer Zelostech

The merger creates Cainiao Robovan with over 20,000 robovans, valued at $2 billion, to enhance autonomous logistics for postal and quick-commerce sectors.

Summary by Reuters
Chinese robovan developer Zelostech said on Thursday that e-commerce giant Alibaba's logistics arm, Cainiao, will take a stake in the company.

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The merger creates a combined fleet of over 20,000 autonomous vehicles.

·Brazil
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Benzinga broke the news in New York, United States on Thursday, January 29, 2026.
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