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Cainiao Upgrades Southeast Asia Cross-border Logistics to Speed Up Delivery, Reduce Freight Rate
BABA-W (09988.HK)(BABA.US)'s Cainiao Network announced the upgrade of its Southeast Asia cross-border logistics services, launching a 'standard dedicated line' for smal...
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Cainiao Upgrades Southeast Asia Cross-border Logistics to Speed Up Delivery, Reduce Freight Rate
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BABA-W (09988.HK)  +5.500 (+4.173%)    Short selling $3.74B; Ratio 18.607%   (BABA.US)      's Cainiao Network announced the upgrade of its Southeast Asia cross-border logistics services, launching a 'standard dedicated line' for small parcels directly from mainland China to Vietnam, Singapore, the Philippines, Malaysia and Thailand.

The route compresses e-commerce delivery time to as fast as 3 days to Vietnam, 5 days to Singapore and the Philippines, and 6 days to Malaysia and Thailand, with freight rates approx. 20% lower than the industry average.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-09-08 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

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