Alibaba

Amazon isn’t the only e-commerce platform looking to make a major foray into the logistics industry, according to this analysis. Chinese counterpart Alibaba closed a fundraising round on its transport and supply chain subsidiary, Cainiao, today which, although undisclosed, was expected to be well over $1bn, and is likely to emulate the way Amazon has been able generate greater revenues per sale. “This difference can be attributed to Amazon’s closed business model, which involves handling everything from storage to delivery. ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.