Cainiao Newsletter - Feb 2024
February is a month of festivities for us as we celebrate Lunar New Year (LNY) or Spring Festival. To safeguard deliveries ahead of LNY, we rolled out logistics initiatives that have benefited our customers through shorter delivery times and a greater assortment of deliverable items. We have also forged new partnerships with merchants to strengthen our leading position in the global logistics network.
We partnered with eCommerce platform AliExpress to launch a seven-day express delivery service for oversized parcels in South Korea, provided discounted shipping options for goods purchased by Hong Kong residents at seven Freshippo outlets in Shenzhen for the first 10 days of February, and collaborated with snack producer Oranges Are In Bloom to provide B2B warehousing and distribution services in the Zhejiang provincial region.
We also demonstrated improved profitability with our recent quarter earnings announcement, recording a 24% year-over-year revenue growth to RMB28,476 million (US$4,011 million), primarily driven by revenue from cross-border fulfillment solutions.
Within the Alibaba ecosystem, we supported the expansion of AliExpress’ eCommerce marketplace Choice by providing parcel bundling and direct shipping to AliExpress customers. The close collaboration has already seen success, with the Cainiao-AliExpress joint Choice warehouse for exports reporting a six-fold growth in stock volume year-over-year.
AliExpress, Cainiao Launch Seven-Day Oversize Parcel Delivery Service in South Korea
Together with AliExpress, we
launched a seven-day express delivery service for oversized parcels in South Korea. With this, consumers in South Korea can expect to receive their furniture, home appliances, and other large-sized parcels within one week.
Cainiao Q3 Results: Revenue Grew 24% YoY to US$4,011 Million
Alibaba Group has announced its earnings results for the quarter ended December 31, 2023, in which our revenue grew 24% year-over-year to RMB28,476 million (US$4,011 million), primarily driven by the success of our cross-border fulfilment solutions.
We also delivered an adjusted EBITA of RMB961 million (US$135 million), demonstrating improved profitability.
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Cainiao Ships Gifts from Mainland China to Hong Kong Ahead of Lunar New Year
During the first 10 days of February, we provided discounted shipping options for goods purchased by Hong Kong residents from seven Freshippo outlets in Shenzhen. Customers can make use of this offer to stock up on gifts for family and friends during the Lunar New Year.
Our services extend beyond the Alibaba ecosystem. Shoppers at wholesale grocery chain stores like Sam’s Club or Costco can also use their respective mobile applications to send purchases to Hong Kong.
Cainiao Partners with F&B Chain on B2B Warehousing and Distribution Services
We recently partnered with F&B chain Oranges Are In Bloom to leverage our digital supply chain technology to provide efficient B2B warehousing and distribution services in the Zhejiang provincial region.
?The collaboration demonstrates our supply chain capabilities in the F&B snack sector and reinforces our industry-leading position in warehousing and delivery logistics. This development builds on our seven new snack warehouses across South, East, and Central China, further bolstering our B2B warehouse distribution network.
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International Student | Masters in Management| Searching for a 6 Month Internship from January 2025.
7 个月I feel china's Market works based on the concept of "Guanchi" or purely on trust.
Mobile Engineer at Tnmobile
9 个月Good morning I should receive a package from Ali Express on the date of 2024-02-29 22:34:02(PST) but I haven't received anything. and if you have it, kindly arrange an appointment ASAP to send it to me, but if it is lost !! That is why I take the liberty of coming to you to request an official document explaining that the package was not delivered to my address. This document is essential to be reimbursed. I'm counting on you to get my money from Ali Express. Tracking number AE00550262VN Sincerely,,
Manager of Cold Chain Business at Ransa Perú. Founder & Independent Director. Entrepreneur. Strategist. Coach. Executive Master of Business Administration.
9 个月The strategic cooperation between Cainiao and Orange Blossom in the distribution of toB warehouses for leisure snacks presents several commercial advantages for the countries of South America: Logistics Efficiency: The implementation of digital technology in the supply chain reduces logistics costs and improves efficiency in the distribution of snacks, which can inspire similar practices in South American countries, facilitating a more efficient supply chain. Market Development: The growth trend in the mass snack market could open up opportunities for South American companies in the food and snack industry, promoting the development of new products and distribution channels. Collaboration with Local Companies: The expansion of Cainiao and Orange Blossom involves collaboration with local and regional brands, which could be a model to follow to promote collaboration between South American companies and large global logistics platforms. These advantages can contribute to the strengthening of the food and logistics industry in South America, promoting greater efficiency and development in the snack and food sector.