Faster than express, greener, high-tech
Logistics comes of 5G age, to ride 11-11 euphoria and back consumption upgrade in country
On Monday, Chinese e-commerce platforms will pull out all the stops yet again for the Singles Day online shopping festival, which is celebrated every year on Nov 11 (11-11). This year's double-11, however, will be different: the focus will be shared by sales and the magic of stunning logistics that makes the annual bonanza, and the ongoing consumption upgrade that requires shipping of more than 50 billion parcels annually, possible.
E-commerce platforms are equipping themselves with state-of-the-art technologies, digital payment systems and logistics, to handle the anticipated heavy traffic online, record sales and quick deliveries, industry observers said.
