Back    Zoom +    Zoom -
Alibaba's AliExpress Plans Strategic Co-op with Austrian Post to Expand European Logistics Network
Recommend
14
Positive
24
Negative
8
AliExpress, BABA-W (09988.HK)'s cross-border e-commerce platform, recently signed a Memorandum of Understanding (MOU) with Austrian Post to establish a deep strategic partnership, Securities Times reported.

Both parties will co-develop local warehousing and logistics solutions to shorten delivery routes, while stepping up efforts in logistics infrastructure, such as self-pickup lockers, to enhance capacity assurance during peak seasons.

Related NewsCLSA: BABA-W (09988.HK) 3FQ Results Miss; Adj. NP Forecast Lowered

AASTOCKS Financial News
Website: www.aastocks.com