CAINIAO Group, the logistics arm of Alibaba Group, will be partnering with AliExpress to launch an industry first 5-day global delivery service offering, said Cainiao CEO Wan Lin while speaking at its annual Global Smart Logistics Summit. He provided an update on four business priorities this year, which includes accelerating global express services, deepening logistics capabilities in key overseas markets, upgrading domestic express services, and developing tiered domestic supply chain products.
The next decade will unveil new development opportunities for smart logistics, and Cainiao will dedicate its efforts to building a leading global smart logistics network. This includes establishing three long chain logistics networks encompassing domestic logistics, cross border logistics and overseas logistics, as well as creating three short-chain businesses in last-mile post stations, logistics infrastructure and logistics technology, he added, as per a report.