Cainiao expanding logistics network overseas

An employee sorts packages at a Cainiao logistics service station in Fuyang, Anhui province, in June. WANG BIAO/FOR CHINA DAILY Cainiao Group, the logistics arm of Chinese technology heavyweight Alibaba Group Holding Ltd, is boosting its overseas logistics network and accelerating expansion abroad to meet the growing demand for faster and more reliable delivery services globally. … Continue reading Cainiao expanding logistics network overseas

Geely’s H1 revenue hits record high

The Geely logo is seen on a rim at a car dealership in Shanghai, on Aug 17, 2021. [Photo/Agencies] Geely Automobile Holdings saw its operating revenue hit a record 107.3 billion yuan ($15.05 billion) in the first half this year, soaring 46.6 percent year-on-year, said the Hong Kong-listed carmaker on Wednesday. The Chinese conglomerate delivered … Continue reading Geely’s H1 revenue hits record high