Last week, Alibaba released plans to expand the network of its logistics arm, Cainiao, into Asia, Europe and the Middle East, underpinning its international e-commerce expansion effort. Yesterday, the company released its plans to drop US$1.5 billion on a logistics center project at China’s Southern-most hub, Hong Kong International Airport (HKIA). Our sister publication Cargo Facts gives an in-depth report. Follow the link below to read the full story.
https://cargofacts.com/is-alibabas-new-joint-venture-at-hong-kong-international-airport-a-game-changer/