SingPost sells entire 4PX stake to Cainiao for $97.5m

It now holds no interest in 4PX.

SingPost has completed the sale of its 17.61% stake in Shenzhen 4PX Information and Technology to Cainiao, a logistics arm of Alibaba, for $97.5m (RMB515.3m) in cash.

The stake was held through Quantium Solutions International (QSI), a SingPost subsidiary.

With the deal completed, SingPost no longer holds any interest in 4PX.

The divestment follows the exercise of cross-option agreements between QSI and Cainiao, previously disclosed in January 2023. The disposal is part of a broader move to unwind cross-holdings between the SingPost Group and Alibaba.

SingPost said the process for Alibaba to exit its shareholding in QSI, announced in April 2025, is still ongoing. Updates will be provided as needed.

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