Air Freight News

Alibaba’s Chinese delivery arm is back at pre-outbreak levels

Alibaba Group Holding Ltd.’s parcel and meal delivery arms have returned to pre-coronavirus outbreak staffing levels, the latest example of how China’s largest corporations are getting back to work after Beijing’s entreaty to safeguard economic growth.

Cainiao, of which Alibaba owns more than 60%, is again at full strength after a few weeks during which the epidemic disrupted transport and held up shipments. Meal delivery unit Ele.me and grocery chain Freshippo are also back at full strength and operating at “full capabilities” at present, an Alibaba spokeswoman said.

That recovery underscores how the world’s No. 2 economy is slowly getting up to speed after Covid-19 confined millions to their homes and paralyzed roads and rail nationwide. Cainiao, the company at the heart of Alibaba’s e-commerce business, oversees a network of millions of delivery people that can handle upwards of a billion packages daily at their peak.

Last week, Alibaba-rival JD.com Inc. forecast at least 10% revenue growth this quarter, suggesting online retail in China was proving more resilient to the coronavirus epidemic than anticipated.

Bloomberg
Bloomberg

{afn_job_title}

© Bloomberg
The author’s opinion are not necessarily the opinions of the American Journal of Transportation (AJOT).

Similar Stories

https://www.ajot.com/images/uploads/article/Railroad_Close-up.png
Biden-Harris Administration announce nearly $1.5 billion in additional upgrades to America’s busiest rail corridor
View Article
https://www.ajot.com/images/uploads/article/Schneider-truck-Driver.jpg
Schneider recognized as a Top Company for Women to Work in Transportation for sixth consecutive year
View Article
PSA BDP signs commitment to Science Based Target Initiatives (SBTi) to Solidfy Emissions Reduction Pledge

PSA BDP is committed to setting near-term and long-term science-based emissions reduction targets by SBTi’s net zero standards. With over 98% of PSA BDP’s emissions derived from the transportation of…

View Article
https://www.ajot.com/images/uploads/article/Tammy-Yeager.png
Total Distribution, Inc.’s Yeager, Chance, and Frank Honored with Women in Supply Chain Award from Supply & Demand Chain Executive Magazine
View Article
https://www.ajot.com/images/uploads/article/Autonomous-Delivery-Van_LOXO_2.png
Autonomous logistics provider, LOXO, expands into Germany with new Munich subsidiary
View Article
https://www.ajot.com/images/uploads/article/NRLC_rail.jpg
NCCC announces tentative national agreement with SMART-MD
View Article