Volga-Dnepr partners with Alibaba’s logistics arm, Cainiao, to develop a cross-border shipment network and to develop different projects: Volga-Dnepr Group will guarantee access to its network and 41-aircraft strong fleet, while Cainiao will make the group a ‘preferred carrier’. The pair will also develop an optimal scheduled route network in Asia, Europe and Russia, which will include improving processes such as ground handling and road feeder services. It is likely that the majority of … [Read more...] about Volga-Dnepr partners with Cainiao logistics
Alibaba
Logistics companies GoGoVan and 58 Suyun to merge
Two logistics companies have pulled off a rare cross-border deal between a mainland China and a Hong Kong start-up, and consolidated two of Chinese tech group Alibaba’s investments in the process. The deal will see Hong Kong’s GoGoVan slot together its operations in the territory, Taiwan and Southeast Asia with 58 Suyun’s business in China. The latter being bigger, will control the combined group. The duo operate on an asset-light model, much like Uber, allowing customers to hire a … [Read more...] about Logistics companies GoGoVan and 58 Suyun to merge
Cainiao opens China’s biggest ‘smart’ warehouse
Alibaba Group's logistics arm Cainiao launched operations for its new intelligent warehouse in Huiyang, Guongdong -- home to the most mobile robots in China. While a usual smart warehouse may contain only a few dozen mobile robots, which are also known as AGVs or automatic guided vehicles, this warehouse sees a fleet of over a hundred. The WiFi-equipped, self-charging machines are responsible for moving goods in the warehouse. Activated once a shopper places an order on Alibaba's … [Read more...] about Cainiao opens China’s biggest ‘smart’ warehouse
Alibaba Group increase stake in Lazada
Alibaba Group Holding Limited announced that it will invest approximately USD1 billion to increase its stake in Lazada Group, from 51% to approximately 83%. This transaction demonstrates the continued success of Lazada’s business, Alibaba’s confidence in the growth potential of the Southeast Asian markets and its commitment to the region as part of its global strategy. Alibaba will purchase the shares of certain Lazada shareholders at an implied valuation of USD3.15 billion for the … [Read more...] about Alibaba Group increase stake in Lazada
DHL Express opens €85 million South Asia Hub in Singapore
Aiming to accommodate the rapid growth of regional volumes fueled in part by e-commerce which DHL Express CEO Ken Allen said could be the “next game changer” that could help to restore global economic growth rates, the world's largest international express services provider launched its new €85 million DHL South Asia Hub in Singapore on Tuesday. The expanded capacity will be needed Allen said, to handle the “tremendous growth” in the southern Asia Pacific region. Much of this growth is … [Read more...] about DHL Express opens €85 million South Asia Hub in Singapore
U-Freight welcomes Alibaba call for global e-trading platform
Hong Kong-headquartered international freight service and logistics group, the U-Freight Group (UFL), has welcomed the call for the establishment of an electronic world trade platform (eWTP) whose objective would be to reduce barriers to make it easier for small and medium-sized enterprises to expand their trading capabilities worldwide. The call was made recently by Jack Ma, executive chairman of e-commerce giant Alibaba Group, who believes that such a platform is going to be very … [Read more...] about U-Freight welcomes Alibaba call for global e-trading platform
