Cainiao, the logistic arm of Alibaba, to expedite shipping period to satisfy the increase of online shopping
Cainiao Network Technology, the freight department of Chinese internet mammoth Alibaba Group Holding, disclosed a three-year plan to speed efficiency to enable the Chinese package delivered within 24 hours and 72 hours worldwide.
The associate of the nation's most prominent player in e-commerce reported the firm would infuse at least 1 billion yuan (US$141 million) in its freight network to expand leased flights, develop depots, and increase cooperation with global custom authorities.
The president of Cainiao, Lin Wan, stated that “logistics is not a second thought. Logistics has presently evolved to be a playmaker and major distinction that differentiates enterprises”. “Our contribution to developing an intelligent worldwide freight network, global freight courses, and depots, will offer increased operational efficiency to businesses, cut expenses, honesty, and precision in managing their shipping.
"For its dealers managing 100,000 online shops, Cainiao proposes quadrupling its leased planes from 260 to 1,260 within the coming nine months, while the time of airfreight shipping will reduce from the present seven to ten to three to five days.
Moreover, Cainiao will increase its depot floor space abroad in the next two years to two million meters square to facilitate Chinese dealers storing their items near their clients. This will also expedite shipping duration. Besides, the firm announced it would reduce its 72-hour shipping assurance for dealers employing its network of warehouses who have adopted online retail from the time the Covid-19 crisis struck the nation.
Chinese e-commerce dealers have been increasing their resources to satisfy the desires of numerous customers who have adopted online shopping from the time the Covid-19 crisis struck the nation.
This move by Cainiao is in response to JD.com, the second-largest Chinese e-commerce firm, increasing its freight network and including three additional immensely mechanized Asia No one freight parks last month to promote the same or next day shipping service for the country's lower-tier cities.
At the start of this month, JD Logistics disclosed a fully-unified intelligent freight park in Tianjin, a city in east Beijing. The smart depot, which JD reported to be unique in Asia, has the Internet of Things and Artificial Intelligence Technology to facilitate increased handling of millions of parcels with low inventory turnover.Source