
Alibaba Jointly Invests $1.38 Billion in Logistics Giant ZTO Express
ZTO Express (Cayman) Inc., a leading Chinese express delivery company, announced on Tuesday May 29th that it will receive a strategic investment of US$1.38 bill...
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ZTO Express (Cayman) Inc., a leading Chinese express delivery company, announced on Tuesday May 29th that it will receive a strategic investment of US$1.38 bill...
Cainiao Smart Logistics Network announced a partnership with BEST Inc. on Wednesday to launch an end-to-end logistics service between Malaysia and China to shorten delivery time for cross-border e-commerce parcels.
Chinese tech and e-commerce giant Alibaba Group announced its financial results for the quarter ended December 31, 2021. Its revenue in the period reached 242.58 billion yuan ($38 billion), a year-on-year increase of 10%.
Alibaba's logistics platform Cainiao together with DAMO Academy announced that a total of 350 unmanned delivery vehicles have been put into operation in more than 200 universities in more than 70 cities across the country.