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BUSINESS & TECH

Alibaba Logistics Hubs Aim to Cut International Delivery to 72 Hours

Employees of Cainiao Network Technology Co. Ltd.’s logistics park in Jinhua, Zhejiang province, sort through packages during China’s “Double Eleven” holiday, on Nov. 11, 2016. Photo: VCG
Employees of Cainiao Network Technology Co. Ltd.’s logistics park in Jinhua, Zhejiang province, sort through packages during China’s “Double Eleven” holiday, on Nov. 11, 2016. Photo: VCG

* The hubs will be established in Kuala Lumpur, Dubai, Moscow, Hangzhou and Liege, Belgium

* Alibaba founder Jack Ma says the goal is to build the backbone of a smart network that will improve the company’s reach and efficiency, and drive down costs

(Beijing) — The logistics arm of e-commerce giant Alibaba, Cainiao Network Technology Co. Ltd., is slated to open hubs in Asia, Europe and the Middle East to cut international delivery times to 72 hours from the current average of about 10 days.

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