Last-mile parcel carriers struggle while global express market is set for growth
The global express parcel market is set to see steady growth over the next four ...
Alibaba’s logistics arm, Cainiao Network, this week continued to pump cash into supply chain technology start-ups.
Hong Kong’s GoGoVan announced this morning Cainiao had joined other investors in a new $250m funding round to fund GoGoVan’s aim of global expansion.
This has been its central strategy since last August when the mobile app-based logistics platform merged with Chinese intra-city logistics provider 58 Suyun.
“Since the merger, our business has been advancing rapidly,” said Steven Lam, chief executive and co-founder of GoGoVan.
“The number of powerful ...
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