Alibaba's logistics arm completes fundraising with Temasek, GIC, Khazanah

Too fast, too much: Some say Jack Ma's Alibaba is spreading itself too thin in search of the next big triumph as the threats of shrinking margins, slowing growth and dangerous rivals loom.

BEIJING/SHANGHAI: The logistics arm of Alibaba Group Holding Ltd has completed a funding round, China's biggest e-commerce company said. 

Investors in the funding round of Cainiao include Singapore's Temasek Holdings and GIC Pte Ltd, Malaysia's Khazanah Nasional Bhd, and China's Primavera Capital, Alibaba said in a statement.