Cainiao, Alibaba's logistics service, announced today its formal entry into the United States parcel forwarding market, providing e-commerce parcel consolidation services for Chinese communities and student groups across the US.
Although Cloud Intelligence Group has halted its spin-off and Freshippo's IPO plan has been postponed, Cainiao's IPO is proceeding as planned.
On November 7th, BEST Inc. announced that its board of directors had received a preliminary non-binding offer from a buyer consortium consisting of Alibaba, Cainiao, and the company's founder, Zhou Shaoning, to acquire all of the issued ordinary shares.
On April 3, Cainiao, a Chinese logistics company launched by Alibaba, announced a cooperation agreement with Shenzhen Bao'an International Airport to jointly build the first national air cargo center for Cainiao international express and introduce more international air cargo routes.
Around the same time as delegates convened in Egypt for COP27, the world's largest shopping festival "11.11 Global Shopping Festival" also kicked off. While sustainable consumption has long been on the agenda against global warming, challenges still persist.
Alibaba Group started its sixth annual Philanthropy Week on Tuesday with a series of online and offline initiatives across its businesses and new ways for the public to participate.
Alibaba has cut a total of 619,944 tons of carbon emissions by changing its energy mix to include more clean sources in FY2022 (ended March 2022), according to the company's ESG report published on August 29.
On July 28, 17 non-profit organizations formally signed contracts with Cainiao to help build an emergency logistics system. Cainiao will provide complete emergency logistics solutions.
Alibaba's Taobao and Tmall, leading Chinese e-commerce platforms, and Cainiao, a logistics platform, launched several green and low-carbon activities during this year’s 6.18 Shopping Festival.
On Friday, Cainiao, a logistics company owned by Alibaba, scheduled its first shipment for core equipment and components required for the construction of the upcoming distribution center in Pakistan from the port in Shanghai, China.
Chinese internet and e-commerce giant Alibaba Group Holding Limited released its official report yesterday for the full fiscal year of 2022 and fourth quarter ended March 31.
Cainiao, a logistics company launched by Alibaba, has released a plan in China called "Cross-Border Worry-Free," with eight measures for import and export businesses in areas affected by the pandemic.
De Well Holdings Limited, a provider of cross-border logistics solutions, submitted an application for a listing to the Hong Kong Stock Exchange (HKEx) on Wednesday night, with Citigroup and CICC as co-sponsors.
Platforms under Chinese internet technology giant Alibaba have actively organized qualified frontline workers to ensure Shanghai's supply and distribution of goods.
Cainiao Global, a logistics company backed by Chinese tech giant Alibaba, reached a cooperation agreement on Wednesday with commerce platform Shoplazza.
Alibaba-backed Chinese logistics company Cainiao has built the largest automated warehousing system in Southeast Asia for Flash Express, a leading logistics and express company based in Thailand.
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.
Chinese internet giant Alibaba announced on Thursday it will develop driverless trucks with its logistics unit Cainiao, as the company ramps up efforts to follow a trend that may revolutionize the transportation industry.
Cainiao, e-commerce giant Alibaba’s logistics arm, announced on Friday it will launch more than 800 international cargo flights by the end of 2021 to connect China’s Hainan Island and countries
On March 1, Alibaba’s logistics service Cainiao Smart Logistics Network (Cainiao) announced a partnership with Saudi Arabian airfreight flag carrier Saudia Cargo.