This article only represents the author's own views.
With China tech under intense regulatory scrutiny, a new deal by Alibaba’s (BABA.US; 9988.HK) Cainiao logistics arm to buy 30% of Baozun Inc’s (BZUN.US; 9991.HK) warehouse and fulfillment subsidiary Baotong for $217.9 million did little to excite investors.
A year ago, such a move by the e-commerce giant to bolster its logistics arsenal might have grabbed more headlines and lifted the shares of any lucky firm involved. That’s certainly not the case today, though we should also note Baozun first disclosed the deal in its latest earnings announcement in August without giving any terms.