All Cainiao Smart Logistics Network articles
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News
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 set for an IPO?
Just days after e-commerce giant Alibaba announced plans to split its business up, reports are circulating that its logistics unit could be set for an initial public offering (IPO).Bloomberg yesterday reported that Alibaba's logistics arm, Cainiao, is holding talks with banks over a potential IPO in Hong Kong.Quoting people familiar ...
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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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NewsCainiao expands cargo network with Malaysia-UK flights
Cainiao Network, the logistics arm of Alibaba Group, has added direct cargo capacity from its Kuala Lumpur International Airport (KLIA) hub to Heathrow as part of efforts to speed up the delivery of goods.The flight will operate three times per week offering a capacity of 30 tonnes per trip onboard ...
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NewsCainiao opens Liege Airport warehouse
Source: CainiaoCainiao Network, the logistics arm of Alibaba Group, has opened a new warehouse at Liege Airport to meet e-commerce demand.The 30,000 sq m warehouse is divided into two parts: a 12,000 sq m air cargo station for the rapid transit of goods for both export and import between the ...
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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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NewsCainiao adds Africa air cargo service to drive down delivery times
Cainiao Smart Logistics Network has launched its first air cargo route between Hong Kong and Africa as it looks to reduce transit times on the fast-growing trade.The company, which is e-commerce giant Aliababa's logistics arm, said the new flights will operate six times per week to Lagos in Nigeria.The service ...
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Cainiao partners with Hainan government to help it become a "smart supply chain zone"
Cainiao Smart Logistics Network has entered into a public-private partnership with the Hainan government to support the province's development as a global smart supply chain zone.Cainiao’s chief executive Lin Wan and Hainan Provincial Bureau of International Economic Development director Shengjian Han jointly announced the partnership at Global Smart Logistics Summit ...
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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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NewsCainiao partners with Hong Kong Air Cargo on Southeast Asia flights
Cainiao Smart Logistics Network is partnering with Hong Kong Air Cargo to launch cargo flights to Southeast Asia.Initially, Hong Kong Air Cargo will operate seven flights per week to Manila, three per week to Kuala Lumpur and six to Bangkok on behalf of the logistics arm of e-commerce giant Alibaba."The ...
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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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Atlas Air 2020 results "exceed expectations" due to historic volumes
Atlas Air Worldwide said its full-year 2020 operating results "exceeded expectations", thanks to "historic volumes" driven by e-commerce growth, as well as the requirements of businesses and communities during the pandemic.In its full-year 2020 results, the freighter operator achieved a 17.2% year-on-year increase in revenues — from $2.7bn in 2019 ...
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NewsCainiao launches cargo container booking service
Cainiao Smart Logistics Network, the logistics arm of Alibaba Group, has launched a container booking service for air and seafreight, which includes compensation for missed departures.As part of the service, Cainiao said container bookings will be confirmed in as fast as two business days after an order is placed by ...
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Cainiao partners with Ethiopian to launch pharma service
Cainiao Smart Logistics Network, the logistics division of Alibaba Group, has partnered with Ethiopian Airlines to launch an airfreight pharma service that will transport temperature-controlled medicines from Shenzhen Airport.The move comes as the world gears up for widespread distribution of coronavirus vaccines.IATA Pharma-certified Shenzhen Airport is China's first medical cross-border ...
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NewsYTO adds Singapore freighter operation for Cainiao
Chinese express carrier YTO Cargo Airlines has launched a thrice weekly service between Singapore and Hangzhou as partner Cainiao continues to push for faster e-commerce deliveries.YTO Cargo Airlines said a direct airfreight route between Hangzhou and Singapore will improve Alibaba's logistics arm Cainiao’s "stability and efficiency" in achieving its goal ...
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Cainiao expands air charter operation ahead of 11.11 e-commerce event
Alibaba's logistics arm Cainiao Smart Logistics Network will ramp up its use of charter flights as it prepares for the world's biggest shopping event.The company has announced several initiatives to ramp up its global logistics infrastructure, in anticipation of "explosive growth" in e-commerce parcel volume during the upcoming 11.11 shopping ...
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Alibaba targets South America e-commerce with Atlas Air deal
Alibaba's supply chain business Cainiao Smart Logistics Network has inked a freighter charter deal with Atlas Air as it targets the South American e-commerce market.The deal will see Atlas fly dedicated charter flights between China, Brazil and Chile three times per week to "enhance Alibaba’s extensive logistics network as cross-border ...