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© Alexey Novikov

China’s Worldwide Logistics and CargoGM are set to develop digital infrastructure in partnership with Alibaba’s logistics business, Cainiao.

Cainiao has ’put its money where its mouth is’ and joined financial institutions in investing “several tens of millions of US dollars” in digital developments by Worldwide, with which it has partnered since the end of last year.

The new agreement will see Worldwide and CargoGM create digital infrastructure “unlike any seen before”, to provide a “seamless-yet-economical end-to-end logistics service for international trading businesses anywhere”.

Worldwide ...

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