Alibaba Group news

Chinese e-commerce players Alibaba and JD have launched logistics solutions for the medical workforce that combats the coronavirus epidemic in China. Technology at the service of medical staff On the one hand, Alibaba has introduced a global B2B sourcing platform that connects the medical frontline staff to medical goods suppliers. The goods purchased on this platform will be delivered to h...

With people significantly reduce the time spent outdoors, online grocery sales are soaring in China. Retailers saw explosion of online orders With Chinese nationals being advised to stay at home during Chinese New Year holiday amid the ongoing coronavirus epidemic, demand for fresh food and household items has soared. Walmart’s delivery business, JD Daojia, reported a five-fold increase ...

Alibaba is opening up a new digital platform to small and medium sized sellers in the US in a bid to expand its global presence within the B2B e-commerce sector. $23.9 trillion According to Alibaba, the new platform will help connect US businesses to the $23.9 trillion global B2B e-commerce market, which is six times larger than the consumer ecommerce market. In order to promote the platfor...

China-based Alibaba has signed an agreement with the Belgium government to create an ecommerce trade hub. The agreement is part of Alibaba’s Electronic World Trade Platform (eWTP), of which Belgium is the first European country to join. Logistics division Cainiao to invest €75m… Alibaba’s logistics division, Cainiao, will initially invest €75m (US$85m) in the project, which will commence in...

In the lead up to the world’s biggest shopping day, Alibaba’s logistics affiliate has opened a facility that uses 700 robots. Introducing the Cainiao Future Park The Cainiao Future Park in Wuxi, near Shanghai, has opened just in time for Singles Day (11 th November), the world’s largest shopping event. The facility uses technology and over 700 robots to control everything from temperature ...

At its annual Global Smart Logistics Summit, Alibaba’s logistics arm, Cainiao unveiled its ‘smart’ system to manage logistics facilities at scale. Introducing the Cainiao Future Park The new solution, the Cainiao Future Park, takes away the traditionally labour-intensive operations, including manual loading, scheduling and monitoring. It replaces them with systems based around Internet of T...

Alibaba, along with its logistics affiliate, Cainiao Network, has agreed to invest US$1.38bn in ZTO, a leading express delivery company in China. Nationwide logistics network ZTO is one of China’s largest express delivery businesses, incorporating pickup and last-mile solutions, as well as value-added logistics services. Its delivery network covers over 96% of China’s cities and counties an...

Alibaba has launched a blockchain-based food tracing system with several Australian and New Zealand businesses. End to end traceability New Zealand businesses Fonterra and New Zealand Post, and Australian businesses Blackmores and Australia Post are the first to be involved in Alibaba’s Food Trust Framework, Alibaba’s blockchain-based food tracing system. According to the businesses in...

Alibaba Group has announced plans to invest in Huitongda Network Co, an ecommerce retailer that specialises in distribution to rural areas. 200m rural customers Huitongda is a subsidiary of household appliance and consumer electronics online retailer, Jiangsu Five Star Appliances. With 200 million rural customers in 15,800 townships and villages in 18 Chinese provinces, it offers financia...

Alibaba Group has spent $9.5bn, acquiring the remaining shares in Ele.me, a food delivery platform in China. Focusing on last mile delivery Ele.me, which means ‘hungry yet?’ enables people to order food online and have their orders delivered in around 30 minutes by its delivery service, Fengniao Delivery. The service, which operates across China, has a fleet of 3 million delivery people on ...