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© Jozsef Soos |

Alibaba’s famed pledge of delivering e-commerce orders within 72 hours anywhere in the world is a step closer to fruition.

Its logistics arm, Cainiao, has signed a deal with Hong Kong Airlines’ cargo subsidiary for South-east Asia.

Phase one will see Hong Kong Air Cargo operate daily flights to Manila, six-times-a-week flights to Bangkok and three-times-a-week to Kuala Lumpur, enabling the Cainiao logistics network to deliver some  225,000 parcels a week into the region.

Hong Kong Air Cargo, a subsidiary of struggling Hong ...

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