More details about Alibaba’s investment in Cainiao

On September 25, in a bid to further fuel the progress of its “new retail” strategy, Alibaba announced that it intends to raise its stake in its affiliate—Cainiao Network and pledged 100 billion yuan investment in next five years to the logistics arm that had already received tens of billions yuan to expedite leading global…

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Baidu Waimai is rumored to be in merger talks with Ele.me

According to a Caijing report, after Baidu Waimai (the food delivery unit of Chinese search engine company Baidu Inc.) discussions with S.F. Express (SF) were called off, Baidu Waimai maintained financial connections with Ele.me. Negotiations between both parties are now reaching a close, and if everything goes smoothly, results will be released within 2-3 weeks….

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Amazon Promotes Overseas Purchases on Prime Day

China’s e-commerce giants make the news each year with their deals on November 11, “Single’s Day,” and June 18. This year, Amazon is will be joining the competition with Prime Day. Amazon Prime members can receive free delivery on overseas purchases. Chinese Prime Subscribers can purchase overseas commodities and have them shipped directly from Amazon’s…

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SF Express gets first China drone licence to deliver the goods

Although many domestic logistics and electronics giants are actively trying out UAV delivery (Unmanned Aerial Vehicle) today, none of them have been able to reach a stage of large-scale deployment. This is largely due to the supervisory pressure stemming from the regulatory guidelines of UAV usage. Therefore, getting authorized for UAV deployment has now become…

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