Alibaba, China Post to cooperate on logistics
(Xinhua) Updated: 2014-06-12 17:26BEIJING - Alibaba Group and China Post are planning a joint smart logistics network in small cities and rural areas.
Alibaba founder and chairman Jack Ma and China Post's general manager Li Guohua signed a deal on Thursday to deliver online purchases anywhere in China within 24 hours.
The two companies will share warehouses, processing centers and delivery resources.
Alibaba hopes to extend its reach to third and fourth-tier cities and even the countryside with the help of China Post's offices in rural areas.
The two parties are also considering international deliveries through China Post's global logistics network.
|
 |
 |
| Alibaba scores share in soccer giant | Alibaba preps employees for $40b windfall |
- Transformers dominates China box office
- China's impact beyond commodities
- Mauritius and China Southern Airlines sign partnership agreement
- Auto manufacturing plants to disappear in Australia
- Hyundai Motor set to expand production at Brazil plant
- China's second-largest hydropower station in full operation
- WTO starts 5th trade policy review of China
- Sri Lanka launches charter flights to China's Chongqing
Hot Topics
Editor's Picks
