Alibaba’s logistics arm Cainiao to speed up delivery times to meet boom in online shopping

E-commerce players across China have been expanding their infrastructure to meet the needs of millions of consumers who have embraced online shopping since the Covid-19 pandemic hit the country. — South China Morning Post

Cainiao Network Technology, the logistics unit of Chinese Internet giant Alibaba Group Holding, announced a three-year initiative to ramp up efficiency so it can deliver packages within 24 hours in China and 72 hours globally.

The affiliate of the country’s largest e-commerce player said the company will invest at least 1 billion yuan (RM605.2mil) in its logistic network to increase chartered flights, build out warehouse facilities and expand partnerships with customs authorities around the world.