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Alibaba's logistics arm launches 500m yuan global tender

Cainiao tender will cover all key markets, including North Asia, South-east Asia, Australia and New Zealand, and US

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Published Thu, Dec 10, 2020 · 09:50 PM

    Singapore

    THE logistics arm of Alibaba Group Holdings, Cainiao Smart Logistics Network, has launched its 2021 open tender for logistics services to strengthen its global logistics network.

    In a press statement on Thursday, Cainiao said the global tender is valued at 500 million yuan (S$102.2 million), and encompasses all key markets, including North Asia, South-east Asia, Australia and New Zealand, and the US.

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