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Alibaba to invest heavily in logistics over the next five years

Charles KauffmanbyCharles Kauffman
September 28, 2017
in Archive, Carriers, E-Commerce, Express
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In what appears to be a shift away from an asset-light logistics model heavily reliant on third-party partners, China-based Alibaba Group Holding Limited announced plans to invest US $15.2 billion over the next five-years – with the ultimate aim of fulfilling domestic orders within 24 hours, and global orders within 72 hours. Its first major […]

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Tags: AlibabaAsia PacificCainiao Groupe-commerceJD.comSF Express
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