The next-day delivery for European Union countries includes a €2 (US$2.20) service for parcel deliveries to Spain and Portugal, the company announced on Tuesday during its 2024 Smart Global Logistics Summit in Hangzhou, capital of eastern Zhejiang province. A three-day delivery option, which costs from €3 to €5, is also available in other countries in Europe.
Separately, Cainiao also announced the development of a second batch of global e-commerce logistics hubs, known as e-hubs, to serve as “a shared infrastructure that supports all e-commerce platforms, merchants and brands”.
“In e-commerce, supply chain and logistics are crucial competitive factors,” said Alibaba chairman Joe Tsai, who also serves as chairman at Cainiao, in a statement released at the event. Alibaba owns the South China Morning Post.
“Alibaba is fully supporting Cainiao’s global expansion to build a logistics network that meets future industrial and supply chain needs,” Tsai said. He pointed out that the firm’s expanded logistics network “addresses diverse customer needs and acts as a shared infrastructure for global business partners”.