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Order Volume Handled by BABA-W's Cainiao Global Overseas Warehouses Up 32% YoY Last Yr
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BABA-W (09988.HK)'s logistics flagship, Cainiao Group, announced that the order volume of its global overseas warehouse mounted 32% YoY last year. Growth in markets such as France, the US, Spain, and Australia beat the industry average, primarily driven by the accelerated overseas expansion of Chinese smart manufacturing brands. Cainiao's global supply chain currently operates more than 40 overseas warehouses in 18 countries and regions across Europe, North America, and the Asia-Pacific region, providing domestic and international brands and merchants with omnichannel end-to-end supply chain management solutions and warehousing and distribution services. AAStocks Financial News |
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