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

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

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

On January 29, The Wall Street Journal reported that Alibaba’s logistics arm will take a stake in Zelos for a total value of approximately $2 billion. A spokesperson from Cainiao mentioned that the company will not become a controlling shareholder in Zelostech, as per the report.

An email statement from Zelostech mentioned that both companies have entered into a deep strategic integration, jointly building a RoboVan Super Carrier in the unmanned freight sector, as reported by Reuters. Whereas, the Journal highlighted that Zelostech will operate both the brands simultaneously, with Cainiao integrating into Zelostech.

Over the past year, through January 30, Alibaba Group Holding Limited (NYSE:BABA) has returned more than 76%, while the stock still holds upside potential. Of 50 analysts rating BABA, 88% rate the stock a Buy, with a median price target of $202.67. This highlights an upside potential of more than 18.50%.

Alibaba Group Holding Limited (NYSE:BABA) and its subsidiaries offer technology infrastructure and marketing solutions. The company operates one of the world’s largest wholesale e-commerce platforms. Alibaba is strengthening its position in AI with strategic partnerships and investments.

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Disclosure: None. This article is originally published at Insider Monkey.

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