Press release Cainiao Network is committing RMB 300 million (US$47 million) in subsidies to incentivize over 150,000 logistics employees and courier personnel in 300 Chinese cities to ‘safeguard’ logistics services ahead of the upcoming Spring Festival holiday in China. For consumers, this means that eCommerce purchases made on Alibaba platforms such as Taobao and Tmall will be dispatched as per normal, both in China and around the world. In anticipation of a surge in consumer demand, … [Read more...] about Cainiao to spend US$47m to serve Chinese New Year rush
Taobao
Cainiao starts cross-border parcel return service in Hong Kong
Alibaba’s logistics arm Cainiao has launched an ‘industry-first’ reverse logistics channel between China and Hong Kong as it aims to simply the returns process for Taobao and Tmall shoppers. The reverse logistics channel will comprise 42 drop-off locations across Hong Kong island. The entire returns process will be handled by Cainiao, including digital customs clearance, which can be monitored on the Taobao app. Also read: Alibaba’s Cainiao to ship same day in 11 Asian countries The … [Read more...] about Cainiao starts cross-border parcel return service in Hong Kong
Alibaba under pressure to crack down on fakes
Alibaba Group will continue to crack down on counterfeit goods in a programme under the International AntiCounterfeiting Coalition (IACC), the Chinese e-commerce giant said after the coalition suspended its membership last week. Describing counterfeiting as a “complex, industry-wide” issue, the Internet giant that owns China’s biggest online shopping platform - Taobao.com - vowed to continue to work with brands, governments and industry partners in combating fakes, whether or not it was a … [Read more...] about Alibaba under pressure to crack down on fakes
Express delivery services booming in China
China’s express delivery services are booming, with private couriers named the major players. According to the State Post Bureau (SPB), the postal business model has changed over the six years ending 2014, with the number of packages transported by express delivery surging by 820 per cent and accounting for the movement of 63.9 per cent of all post in the country. Based on the number of packages sent in 2014, the SPB averaged that for every person in China, 10.2 express delivery … [Read more...] about Express delivery services booming in China
Alibaba reveals sales figures in latest IPO filing
Venture Beat reported that Alibaba revealed sales figures for its two main shopping sites, Taobao and Tmall, as well as a list of the 27 people who control more than half of the company’s board nominations. This is the first time the Hangzhou, China-based company has released sales figures for Taobao and Tmall. Taobao, a marketplace selling everything from children’s clothing to a trip to space, managed $177 billion in … [Read more...] about Alibaba reveals sales figures in latest IPO filing
