Cainiao

Cainiao’s new mandate focuses on attracting more external clients while maintaining its support for Alibaba.

The Chinese tech giant’s January-March revenue misses analyst bets with a 2% growth.

The move comes as the Chinese tech giant divides into six units in a historic overhaul.

This new move comes after Best launched express delivery services within Malaysia in July, following fast growth in Thailand and Vietnam.

The company’s app, Cainiao Guoguo, has over 200 million users.

Cainiao has partnered with 4PX Express, a cross-border e-commerce solutions provider headquartered in Shenzhen, Guangdong province.

It can be called China speed.

In China, 50 billion parcels are delivered annually, causing a mountain of wasted cardboard boxes.