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Alibaba builds logistics network

  • Author:Harold
  • Source:www.diecastingpartsupplier.com
  • Release on:2015-05-11



China's e-commerce giant Alibaba Group Holding Ltd, in tandem with industry partners, announced on May 28 the establishment of a 100 billion yuan ($16.3 billion) logistics network that aims to make 24-hour domestic deliveries possible. The project, China Smart Logistic Network, is expected to improve efficiency through streamlined warehouse and logistics infrastructure, said Alibaba Chairman Jack Ma in Shenzhen.

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