BCN-24 Alibaba’s Cainiao, Singapore Airlines form strategic partnership on air cargo

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ZCZC

BCN-24

CHINA-CAINIAO-SINGAPORE-AIRLINE

Alibaba’s Cainiao, Singapore Airlines form strategic partnership on air
cargo

BEIJING, Aug. 24, 2018 (BSS/Xinhua) – Cainiao Network Technology Co.,
Ltd., the logistics arm of Chinese e-tailing giant Alibaba Group, signed a
strategic partnership with Singapore Airlines to step up its international
air cargo services on Tuesday.

The link-up was part of the agreement package between Alibaba and
Singapore Airlines that covers a wide range of areas including ticket sales,
loyalty programs, marketing initiatives and cloud services.

Through cooperation with Singapore Airlines, Cainiao intends to improve
its global smart logistics network that delivers globally within 72 hours,
said Zhao Jian, general manager of Cainiao International.

Cainiao in early June announced that it would establish six logistics hubs
in Hangzhou, Hong Kong, Kuala Lumpur, Dubai, LiSge and Moscow. Currently, the
company provides services in 224 countries and regions around the world
through its global logistics network by alliances with around 40 major
airlines.

BSS/XINHUA/HR/1313