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Alibaba Delivery Arm Prepares to Span China With Giant Hubs

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Alibaba Group Holding Ltd.’s delivery arm is establishing a Chinese network of unprecedented scale, even as it expands warehousing in the U.S. and elsewhere to propel the e-commerce operator’s global ambitions.

Zhejiang Cainiao Supply Chain Management Co., of which Alibaba owns 48 percent, is angling toward a future initial public offering to help bankroll that expansion, President Judy Tong said Friday in Hangzhou, China.