The parcel tracking platform Cainiao starts cooperation with grocery chains


14 May 2021
TASS

The logistics operator Cainiao (Cainiao Network is owned by Alibaba Group) is going to deliver products from small and medium-sized Russian retail chains and accommodate its parcel terminals in grocery stores.

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Set up in 1999, Alibaba has emerged as the largest Chinese e-commerce company. In 2014, Alibaba Group raised $25bn in its IPO at the New York Stock Exchange (NYSE).