Announced today by Cainiao Network – the logistics arm of Alibaba Group – the company has expanded, for the first time, outside of Mainland China into Hong Kong. The company’s new network will include 10 Cainiao Post stations, as well as 60 Cainiao-designated collection points in the hopes to streamline its last-mile logistics operations for consumers in the area.
Cainiao Network was established in 2013, in Mainland China. The company strives to be the best logistics platform, integrating resources and alleviating last-mile logistics pain points.
Sales in Hong Kong from ecommerce is expected to see an 11.1% growth in 2021 due to the increase in consumers electing for online purchase options. In order to keep up with the pace of demand, and ensure continued delivery efficiency, there is a growing need for the company to invest in its optimisation of last-mile logistics and a seamless logistics chain.
By expanding its presence into Hong Kong, Cainiao Network will grow its operations multifold, covering a floor space of more than 4,000 square metres to support its 1.8 million consumers in Hong Kong.