The shining stars of cyberspace forging a digital future

China Daily | Updated: 2022-11-11 10:24
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Interconnected international logistics channel to promote new Silk Road e-commerce

Cainiao Network Technology

Cainiao is a global logistics industry internet company. Its businesses cover international and domestic logistics supply chains, urban and rural delivery, logistics real estate and logistics technology. In the 2022 fiscal year, it achieved an operating income of 66.8 billion yuan ($9.21 billion) and created nearly 300,000 jobs.

In 2018, the company started the construction of its international logistics channel and adopted the strategy of combining connectivity of infrastructure with digital intelligence. It has built a logistics network covering more than 200 countries and regions around the world, which has enabled overseas delivery to consumers within 10 days.

In 2021, Cainiao's global logistics network handled more than 4.5 million cross-border parcels per day, making it one of the four major cross-border logistics networks in the world. It built a large digital logistics hub in Belgium's Liege Airport a year ago, helping reduce the processing time of cross-border parcels from China to Liege by 8 to 12 hours on average.

Cainiao also helped Thai express delivery companies to build one of the largest automated warehouses in Southeast Asia.

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