Alibaba Group Holding’s Robovan Unit Set to Invest in Zelos Technology, WSJ Reports

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Alibaba Group Holding Limited (NYSE:BABA) is 1 of the 10 Hottest Stocks to Buy successful 2026.

According to reports, Alibaba Group Holding Limited’s (NYSE:BABA) robovan unit, Cainiao, is acceptable to put successful Zelos Technology, a steadfast that offers cutting-edge L4 autonomous driving solutions for logistics.

Alibaba Group Holding's Robovan Unit Set to Invest successful  Zelos Technology, WSJ Reports

Alibaba Group Holding's Robovan Unit Set to Invest successful Zelos Technology, WSJ Reports

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On January 29, The Wall Street Journal reported that Alibaba’s logistics limb volition instrumentality a involvement successful Zelos for a full worth of astir $2 billion. A spokesperson from Cainiao mentioned that the institution volition not go a controlling shareholder successful Zelostech, arsenic per the report.

An email connection from Zelostech mentioned that some companies person entered into a heavy strategical integration, jointly gathering a RoboVan Super Carrier successful the unmanned freight sector, arsenic reported by Reuters. Whereas, the Journal highlighted that Zelostech volition run some the brands simultaneously, with Cainiao integrating into Zelostech.

Over the past year, done January 30, Alibaba Group Holding Limited (NYSE:BABA) has returned much than 76%, portion the banal inactive holds upside potential. Of 50 analysts standing BABA, 88% complaint the banal a Buy, with a median terms people of $202.67. This highlights an upside imaginable of much than 18.50%.

Alibaba Group Holding Limited (NYSE:BABA) and its subsidiaries connection exertion infrastructure and selling solutions. The institution operates 1 of the world’s largest wholesale e-commerce platforms. Alibaba is strengthening its presumption successful AI with strategical partnerships and investments.

While we admit the imaginable of BABA arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy NOW 

Disclosure: None. This nonfiction is primitively published astatine Insider Monkey.

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