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BABA-W's Cainiao Plans to Extends Footprint in Key Mkts like Japan, S Korea, Europe, US
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Bi Jianghua, Vice President of BABA-W (09988.HK)'s Cainiao, and General Manager of the Logistics Technology Business Unit, envisioned that this year will be a breakthrough year for logistics technology, Chinese media reported.

Cainiao will continue to expand into emerging markets such as Southeast Asia, the Middle East, and South America, while also amplifying investment in key mature markets like Japan, South Korea, the US, and Europe to build a sustainable delivery and after-sales system globally.

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