Logistics

The firm targets the Chinese market.

The drones can carry up to 10kgs per trip and have an 18km range.

Taobao, Tmall, and Cainao have co-launched a USD 143 million fund to support supply chains and logistics.

With most Chinese citizens hunkering down at home to wait for the outbreak to subside, some delivery routes are no longer serviceable by normal means.

The firm has made it a priority to deliver medical supplies.

The robots will allow receivers to collect packages using facial recognition.

Epost aims to launch operations in Vietnam in the second quarter of this year, following its entry into the Philippines.

This is one of the largest fundraising deals in China’s logistics sector.