Will a Spanish “ghost airport” become a European cargo beachhead for China? 175 km south of Madrid, Ciudad Real Central Airport (CQM) sits empty. Built at a cost of over €1 billion during a Spanish construction boom that ended with the financial crisis of 2008, it opened in 2010, but neverRead More
Post Tagged with: "Alibaba"
Two years ago we reported that Chinese e-commerce firm Alibaba was leading a consortium of companies in the development of an advanced package delivery network. The consortium set up a new company, Cainiao, to manage the network, in which they, and various financial backers, planned to invest a total ofRead More
According to a report in the Russian financial newspaper Kommersant, Chinese e-commerce giant Alibaba has set up and registered a subsidiary company in Russia. Mark Zavadsky, who will run the new company, said its aim was “to further expand our business and support our partners, and also to facilitate cooperationRead More
HONG KONG — November 11 revealed more than just the profound growth in e-commerce in China. Singles Day in China on the 11th of November – a day of online shopping, not necessarily romance – spurred $9.3 billion of sales, and the truth is China’s express industry simply cannot keepRead More
HONG KONG — We are hearing that China Postal Airlines is finding increasing favor with Alibaba. Reportedly, more Alibaba shipments are coming through Hong Kong via China Postal, at the expense of SF Express. While we don’t have data to determine exactly why or to what extent China Postal is takingRead More
China’s express companies finally abandon “free” home delivery for online shoppers. It is no secret that the explosive growth of online shopping in China has driven equally explosive growth in the package delivery business. According to data from the State Post Bureau, China’s express companies delivered 9.2 billion pieces ofRead More