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Alibaba's AliExpress Plans Strategic Co-op with Austrian Post to Expand European Logistics Network
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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. AASTOCKS Financial News Website: www.aastocks.com |
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