All Alibaba articles
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News
Alibaba withdraws Cainiao IPO plans
E-commerce giant Alibaba Group has decided to cancel plans to place its logistics subsidiary on the Hong Kong Stock Exchange and withdrawn its initial public offering (IPO).Alibaba said that the move would allow it to align Cainiao to realise strategic synergies with online shopping platforms Taobao and Tmall Group and ...
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Challenges and opportunities for air cargo outlined at World Cargo Summit
Things are “going well” for air cargo, delegates at the World Cargo Summit in Bangkok on January 30 were told.Steve Saxon, a partner with McKinsey who leads its Asia Pacific airlines practice, outlined four reasons why the sector is buoyant despite an increasingly fraught world situation, but also signalled some ...
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Cainiao files for IPO on the Hong Kong Stock Exchange
E-commerce giant Alibaba will list its logistics business Cainiao on the Hong Kong Stock Exchange in an IPO that could raise as much as $1bn.On Tuesday, Alibaba submitted its application to list its logistics business on the stock exchange, although the financial terms and size of the offering were not ...
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Cainiao trials IATA's One Record cargo data exchange
Alibaba's logistics arm, Cainiao Network, has trailed IATA's One Record data exchange on its airfreight service between China and Liege.Cainiao has implemented the trial at both ends of the air route and is the first to be able to transmit key node data for single pieces of cargo.The logistics arm ...
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Alibaba to split off its Cainiao logistics unit
Alibaba's logistics unit, Cainiao, is one of six units that will be split off from the main company as part of the firm's biggest restructuring in its 24-year history.In stock exchange fillings, the e-commerce giant said that the company would split into six groups each to be managed by its ...
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NewsDHL and Cainiao to partner on e-commerce in Poland
William Xiong, Cainiao Network and Pablo Ciano, DHL eCommerce Solutions. Source: DHLDHL eCommerce Solutions is purchasing part of the equity securities of Cainiao's subsidiary in Poland as the companies look to partner on investments in the country.Following the completion of the transaction, the two companies plan to invest €60m to ...
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NewsCainiao expands Atlas partnership with Colombia airfreight route
Atlas Air 747-8F. Photo: Cainiao NetworkAlibaba Group logistics arm Cainiao Network has expanded its partnership with Atlas Air to launch a new airfreight route connecting China to Colombia to shorten transit times to South America.The service will be operated by a 130-tonne capacity B747-8F. The first flight will operate on ...
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Cainiao Network expands China-Malaysia airfreight network
Alibaba logistics arm Cainiao Network has expanded its direct flight network from China to Malaysia to boost efficiency for cross-border e-commerce.In a press release, Alibaba said a direct flight will take off from south China’s Shenzhen (to Kuala Lumpur), three times a week, adding to the five weekly freight trips ...
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Kales to sell Cainiao's China-bound air cargo capacity
GSSA Kales Group has signed a deal to sell space on flights operated for Alibaba logistics-arm Cainiao as they make their way back to China.Through subsidiary, Cargonet Asia, Kales Group will support Cainiao with fixed allotments, block space agreements and free sales in order to sell available capacity on flights ...
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NewsCainiao deal boosts Saudia Cargo's e-commerce volumes
Source: Saudia CargoSaudia Cargo has reported a double-digit increase in e-commerce volumes since it partnered with Cainiao last year.The airline told Air Cargo News that its e-commerce volumes had increased by around 30% since last year.In March last year, Saudia Cargo and the Alibaba logistics arm teamed up on 12 ...
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NewsCainiao partners with Qatar Cargo on Americas freighter flight
Source: Qatar Airways Cargo/CainiaoCainiao, the logistics arm of e-commerce giant Alibaba, is partnering with Qatar Airways Cargo on a new B777 freighter service between Hong Kong and South America.The two-year deal includes the provision of 100 tonnes of dedicated weekly capacity from Hong Kong to São Paulo/Guarulhos International - with ...
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Cainiao adds new Malaysia cargo flights to cater for e-commerce demand
Cainiao Network, the logistics arm of Alibaba Group, has announced plans to add new Malaysia charter flights as the country grows in importance as a regional e-commerce hub.The first flight will operate between Kuala Lumpur and Shenzhen utilising a B737-300 aircraft operated by Central Airlines. In the future, the company ...
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Cainiao ramps up Latam freighter flights with Atlas
Cainiao Network - the logistics arm of e-commerce firm Alibaba - is extending its partnership with Atlas Air as it looks to cater for growing demand in the Latin America region.The two companies announced a partnership on three flights per week between Hong Kong, Brazil and Chile last year but ...
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NewsCainiao cuts east Malaysia shipping times with new freighter service
Source: CainiaoCainiao is launching a new freigher service from Shenzhen and Hong Kong to east Malaysia as it looks to reduce shipping times for e-commerce platform Lazada.The new service will operate three-times-per-week to Kota Kinabalu, Sabah, and Kuching, Sarawak.The logistics firm said that the flights would shorten average delivery time ...
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NewsBUD achieves record cargo volumes in H1 2021
Image source: BUDBudapest Airport (BUD) has achieved record cargo volumes in the half of 2021.From January to June this year, the hub handled 86,798 tonnes cargo — a 36% year-on-year increase on the same period in 2020.BUD also noted that from June 2020 to June 2021, its Cargo City handled ...
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NewsInterview: Cainiao takes a smart approach to e-commerce logistics
James ZhaoHomeworking and lockdowns caused a rapid rise in e-commerce as global consumers, denied access to shopping malls and high street stores, turned to online shopping, some for the first time.In China, e-commerce was already riding high before the pandemic but, according to forecasts by research group eMarketer, some 52.1% ...
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NewsCainiao targets Hainan free trade zone with freighter flights
Alibaba logistics arm Cainiao Smart Logistics Network has launched seven freighter flights to Hainan to meet demand following the island's designation as a free trade zone.The charter flights will operate between Singapore and Sanya and Haikou airports on the island. This comprises five weekly Haikou-Singapore direct flights and twice weekly ...
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Cainiao and Saudia Cargo team up on Asia-Europe flights
Alibaba's logistics arm, Cainiao Smart Logistics Network, and Saudia Cargo are teaming up on five weekly flights from Hong Kong to Liege in Belgium, with Riyadh city as a connection point.The partnership, which starts today, aims to form a sky bridge linking Asia, Europe and Middle East to cater to ...
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YTO confirms Alibaba share purchase
Chinese e-commerce giant Alibaba Group Holding has upped its stake in delivery firm YTO Express.YTO yesterday confirmed that Alibaba had purchased an additional 12% of its shares for Yuan6.6bn, bringing its stake in the company to 22.5%.News that Alibaba could be looking to up its presence in YTO broke last ...
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Cainiao adds new Singapore and Moscow freighter flights
Alibaba logistics arm Cainiao Network has launched new freighter flights to Moscow and Singapore.The e-commerce logistics specialist said that its flights from Hangzhou to Singapore would improve delivery efficiency to the city state ahead of the Double 11 shopping festival.The chartered flights will operate four times per week, but it ...