(Yicai Global) Feb.14 – Cainiao, Alibaba Group Holdings' logistics unit, will join hands with the Russian national postal operator to offer same-day delivery of China-made goods in Moscow among other big Russian cities.
Cainiao and Russian Post signed a strategic partnership under which the Russian partner will provide warehousing, sorting and transportation for AliExpress e-commerce merchants, China Securities Journal reported yesterday. Russian Post will increase manpower to ensure the timely delivery of goods.
The new deal will help Chinese merchants do better in export business and bring convenience to Russian and global consumers, said Wang Lin, Cainiao's president.
Before this, Hangzhou-based Cainiao cut the length of China-Russia delivery from 70 days to around 10 days.
Founded in 2013, Cainiao has over 100 global partners, including Spain's Correos, Britain's Royal Mail, Singapore Post, and Sweden's PostNord.
Editor: Emmi Laine