Alibaba's Cainiao in talks with China vaccine makers over logistics
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[BEIJING] Alibaba Group's Cainiao is in talks with Chinese vaccine makers over Covid-19 vaccine logistics, a spokesperson said on Thursday, as the company launched a partnership with Ethiopian Airlines to transport medicine to the Middle East and Africa.
"We are currently in discussion with some domestic Covid-19 vaccine manufacturers and international organisations on cooperation over Covid-19 vaccine logistics," the spokesperson said.
Cainiao, a logistics company, underpins delivery for Alibaba's e-commerce marketplace, and it says it aims to deliver across the globe in 72 hours. The spokesperson did not name the vaccine makers.
The company and Ethiopian Airlines launched a special cold chain air freight service to transport temperature-sensitive medicines from the southern Chinese city of Shenzhen to Africa and the rest of the world via Dubai and Addis Abba.
"This is China's first cross-border medical cold chain route to be operated regularly and is certified to transport temperature-controlled medicines including Covid-19 vaccines," Cainiao said in a statement.
China has several vaccine developers running the final stages of clinical trials to determine the efficacy of their Covid-19 vaccine candidates. They include Sinovac Biotech, CanSinoBio and China National Pharmaceutical Group (Sinopharm).
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
Cold chain storage and transportation have become increasingly important during the Covid-19 pandemic, which has killed nearly 1.5 million people. The promising Pfizer vaccine, for instance, is required to be stored at temperatures of minus 70 degrees Celsius or below.
REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
OCBC is said to emerge as lead bidder for HSBC Indonesia assets
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore