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.
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7 Articles
The merger creates a combined fleet of over 20,000 autonomous vehicles.
Alibaba Bets Big On Robot Vans With Zelos Deal - Alibaba Gr Hldgs (NYSE:BABA)
Alibaba Group Holding Limited (NYSE:BABA) is looking to streamline its logistics and autonomous-driving footprint while its cloud and AI momentum continues to support investor optimism. $2 Billion Self-Driving Delivery Giant Alibaba is merging the autonomous-driving unit of its logistics arm with a Chinese robovan company in a deal that would value the combined business at about $2 billion, the Wall Street Journal reported on Thursday. Under the…
Alibaba to merge autonomous driving unit with China’s Zelos in $2 billion Robovan push – Telematics Wire
News, 30 January 2026 Alibaba is stepping up its bet on autonomous logistics by merging its self‑driving vehicle arm with Chinese startup Zelos Technology to create a new autonomous delivery powerhouse valued at roughly $2 billion. Under the plan, Alibaba’s logistics arm Cainiao will fold its autonomous‑driving unit into Zelos, forming a combined entity expected to operate under a working banner like Cainiao Robovan and manage a fleet of more th…
Alibaba Robovan Merger Highlights Push Into AI-Driven Last Mile Logistics
Alibaba's Cainiao is merging its autonomous driving operations with Chinese robovan maker Zelos Technology. The combined business will form a standalone autonomous delivery platform focused on robovans. The deal values the new entity at about $2b, with a focus on automated last mile logistics. For Alibaba Group Holding (NYSE:BABA), this move ties directly into its core e-commerce and logistics focus. Fulfillment speed and cost efficiency matter …
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