A girl from Chile bought her father a watch as a gift at US$41.01 from Alibaba’s retail platform AliExpress on 10 April 2017. What she did not know is that she is recorded by Alibaba as the 100 millionth customer.
Having reached the 100 millionths overseas buyer on AliExpress, Alibaba is upgrading Cainiao’s cross-border supply chain and logistics capabilities and management.
Cainiao, global parcel tracking platform of Alibaba Group, has integrated data with Russia Post, reducing the parcel time from 50 days to 15 days. Transaction values of Russian online buyers on China’s online platforms through Yandex increased by 30 times in 2015. In 2016, Chinese websites accounted for 52% of total cross-border trading e-commerce transactions in Russia.
Cainiao has also set up an overseas warehouse in Spain to achieve fast order fulfillment. A buyer in Madrid received his parcel after 5 hours of placing the order during a promotion in March 2017.
Delivery time from China to Chile has been reduced to 20 days from 45 days; and, time from China to Mexico and Columbia is reduced by half to 25 days.
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