Last week, Alibaba released plans to expand the network of its logistics arm, Cainiao, into Asia, Europe and the Middle East, underpinning its international e-commerce expansion effort. Yesterday, the company released its plans to drop US$1.5 billion on a logistics center project at China’s Southern-most hub, Hong Kong International Airport (HKIA). Our sister publication Cargo Facts gives an in-depth report. Follow the link below to read the full story.
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