News
Alibaba’s logistics unit Cainiao to expand overseas reach and speed up delivery times
The company’s app, Cainiao Guoguo, has over 200 million users.
2 mins read
China
Alipay hopes to increase adoption of the app among SME owners, while spurring consumer spending in China’s coronavirus-hit economy.
The coronavirus pandemic has accelerated China’s collection of big data, especially for contact tracing.
Cainiao has partnered with 4PX Express, a cross-border e-commerce solutions provider headquartered in Shenzhen, Guangdong province.
The firm pivots to after-sales services, as user vehicle demand crashes during the COVID-19 outbreak.
Neolix develops autonomous transportation solutions for a variety of uses, from parcel delivery to mobile vending machines, and expects to break even in 2020.
User can order laundry services for clothes, shoes, and luxury bags on channels including 24Tidy’s own app, its WeChat account and Meituan.
Chinese vendors sold a total of 73.2 million smartphones, down by 22% YoY due to the COVID-19 pandemic.
Alibaba is already an investor in other major couriers in China.
