CAINIAO: 700 CHARTERED FLIGHTS TO DELIVER 90 % OF CROSS-BORDER PARCELS DURING 11.11 SHOPPING FESTIVAL

22nd October 2020 –  Cainiao Smart Logistics Network, the logistics arm of Alibaba Group Holding Limited, has announced a series of initiatives to ramp up its global logistics infrastructure, in anticipation of explosive growth in e-commerce parcel volume during the upcoming 11.11 shopping festival. This year, Cainiao plans to operate over 700 chartered flights to deliver 90 % of its parcels outside China during 11.11. The smart logistics company estimates that...