Cainiao Network, Alibaba’s logistics arm, is offering US$228 million) to its Chinese merchandisers and logistics partners to build more warehouses and improve delivery efficiency ahead of the annual “Singles’ Day” online shopping spree, on November 11. Photo: Bloomberg

Alibaba and JD.com commit nearly US$330m to beef up parcel delivery efficiency, ahead of Singles’ Day shopping festival

Cainiao Network, Alibaba’s logistics arm, to set up 40,000 pickup facilities close to residential areas, while JD’s drones delivery fleet set to expand

Topic |   Transport and logistics

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Cainiao Network, Alibaba’s logistics arm, is offering US$228 million) to its Chinese merchandisers and logistics partners to build more warehouses and improve delivery efficiency ahead of the annual “Singles’ Day” online shopping spree, on November 11. Photo: Bloomberg
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