All Cainiao articles – Page 3
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News
Alibaba set to increase stake in YTO?
Chinese e-commerce logistics giant Alibaba is reportedly in talks to ramp up its shareholding in express delivery firm YTO.According to a Reuters report, Alibaba is looking to become the largest shareholder in YTO, boosting its holding from 10% with additional stake up to 30%.The news agency — quoting two unnamed ...
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News
Air China Cargo and Cainiao increase operations at Liege
Air China Cargo and Cainiao, the logistics division of Alibaba Group, have created a new e-commerce freighter service to enable faster delivery times between China and Europe.Three flights will be operated each week from Hangzhou to Liege, with Madrid as a final destination, utilising B777F capacity.Cainiao has established an eHub ...
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News
Volga-Dnepr Group expands Cainiao partnership with Madrid freighter flights
Volga-Dnepr Group (VDG) has added a new freighter flight from Hong Kong to Madrid on behalf of the Cainiao Network — e-commerce giant Alibaba's logistics arm — to cater for growing demand.The flights, which will operate via Liege, will be carried out by VDG's AirBridgeCargo using its B747 freighter aircraft. ...
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News
Cainiao to quadruple charter network for faster deliveries
Alibaba's logistics arm, the Cainiao Smart Logistics Network, has said it will quadruple its charter network as part of efforts to speed up delivery times.The company said that it planned to increase charter flights from 260 to 1,260 over the next nine months to help bring delivery times down from ...
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Singles' Day sets new record
President of Taobao and Tmall Fan JiangThe Singles' Day shopping bonanza set a new record yesterday, with sales on Alibaba's platforms reaching $38.4bn.Chinese e-commerce giant Alibaba said that sales through its payment platform were up 26% compared with last year as the day cemented its place as the world's biggest ...
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News
Aviastar-TU to conduct Cainiao's Hangzhou-Moscow flights
Aviastar-Tu Tu-204C. Source: AviastarRussian airline Aviastar-TU has confirmed that it will operate Hangzhou-Moscow cargo flights on behalf of Cainiao – the logistics arm of Chinese e-commerce giant Alibaba.In an emailed statement, the carrier said it would operate the flights using its Tupolev 204C and B757-200F aircraft.In a statement the airline ...
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Alibaba set for another record Singles' Day as it ups stake in Cainiao
Singles' Day sales reach RMB100bn in one minuteAlibaba Group Holdings has increased its stake in logistics business Cainiao to around 63% with a $3.3bn investment ahead of what is expected to be another record Singles' Day.Other existing shareholders also participated in the fundraising, demonstrating "strong support for Cainiao’s long term ...
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News
Alibaba to launch China-Russia freighter services
Alibaba's logistics arm Cainiao has teamed up with Aviastar-Tu and Pochta Russia to launch freighter flights carrying e-commerce goods.According to a report in Reuters, Cainiao will lease seven freighters from the two Russian companies to launch daily flights from China to Moscow, Yekaterinburg and Krasnoyarsk on behalf of AliExpress Russia.The ...
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