Tag «cainiao»

China’s Cainiao goal is to deliver anywhere in the world within 72 hours for $3

Cainiao, the $10 billion subsidiary of e-commerce giant Alibaba, says it is poised to transform worldwide trade. Cainiao’s plan to create a single ecosystem for all logistics firms across the world to plug into, allowing for the seamless transfer of goods between companies and jurisdictions. Cainiao envisages thousands of independent logistics firms can operate within its …