Cainiao, the logistics arm of Chinese electronic retail giant Alibaba, this week began offering turnkey logistics and supply chain services for local businesses in South Korea.
The Alibaba Group (NYSE: BABA) logistics unit said its first- and last-mile, warehouse management, international shipping, trucking and customs clearance services should reduce delivery times to five to seven days from the current 10 to 13 days.
Cainiao is using its cloud-based logistics platform to connect cargo owners...
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