Workers sort packages after the "Singles Day" shopping festival at a delivery company in Hengyang in China's central Hunan province. Photo: Agence France-Presse Workers sort packages after the "Singles Day" shopping festival at a delivery company in Hengyang in China's central Hunan province. Photo: Agence France-Presse
Workers sort packages after the "Singles Day" shopping festival at a delivery company in Hengyang in China's central Hunan province. Photo: Agence France-Presse
E-commerce
Tech /  Enterprises

Alibaba extends New Retail push with US$693 million investment in STO Express

  • Many of China’s courier firms have risen together with the rapid growth of e-commerce in the country
  • Alibaba wants a strong logistics network so that it can deliver goods as fast as possible

Topic |   E-commerce
Zen Soo
Zen Soo

Updated: 7:41pm, 11 Mar, 2019

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Workers sort packages after the "Singles Day" shopping festival at a delivery company in Hengyang in China's central Hunan province. Photo: Agence France-Presse Workers sort packages after the "Singles Day" shopping festival at a delivery company in Hengyang in China's central Hunan province. Photo: Agence France-Presse
Workers sort packages after the "Singles Day" shopping festival at a delivery company in Hengyang in China's central Hunan province. Photo: Agence France-Presse
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