Cainiao Smart Logistics Network, a unit of Alibaba Group Holding (NYSE:BABA), has launched next-day delivery services in Europe as part of its strategy to expand globally.
The service includes a 2 euros ($2.20) option for deliveries in Spain and Portugal. In contrast, a three-day delivery service priced at 3-5 euros is available in other European countries, SCMP cites from the 2024 Smart Global Logistics Summit in Hangzhou.
During the Summit, the company also revealed plans to develop a new batch of global e-commerce logistics hubs to serve e-commerce platforms, brands, and merchants worldwide.
A fleet of aircraft that can transport goods internationally within 72 hours will support Cainiao's global logistics network.
In March, Alibaba Group abandoned its initial public offering plans for its logistics arm, citing strategic and current market considerations. Instead, Alibaba Group proposed integrating Cainiao with core e-commerce operations to regain market share and drive growth.
Alibaba Group stock is down 4% in the last 12 months.
The Chinese e-commerce juggernaut's inclusion in the cross-border Stock Connect program marks a key turnaround opportunity, SCMP cites historical trends.
Hong Kong-listed tech giants like Tencent Holdings (OTC:TCEHY), Meituan (OTC:MPNGF) (OTC:MPNGY), and Xiaomi Corp (OTC:XIACF) (OTC:XIACY) experienced significant stock price increases following their inclusion in the Stock Connect program, SCMP cites from its compiled data.
In the six months after joining, the stocks gained 12%-23%. Over 12 months, Meituan and Xiaomi saw even more significant gains, more than doubling in value.
Price Action: BABA stock is up 0.32% at $85.09 at the last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
阿里巴巴控股 (NYSE:BABA)旗下的菜鸟智能物流网络公司(Cainiao Smart Logistics Network),为了扩大其全球的策略,在欧洲推出了次日递送服务。
该服务包括西班牙和葡萄牙的2欧元(约2.20美元)次日递送选项,而在其他欧洲国家提供以3-5欧元定价的三天递送服务。根据南华早报援引2024年杭州市“2024智慧全球物流峰会”的消息。
在峰会期间,该公司还透露了打造一批全球电子商务物流中心的计划,以为全球的电子商务平台、品牌和商家提供服务。
一支可以在72小时内国际运送货物的飞机舰队将支持菜鸟的全球物流网络。
今年三月,阿里巴巴集团放弃了针对其物流业务的首次公开募股计划,原因是战略和当前市场考虑。反而,阿里巴巴集团提出将菜鸟物流与核心电子商务业务整合,以重获市场份额并推动增长。
过去12个月里,阿里巴巴集团的股价下跌了4%。
中国电子商务巨头被纳入跨境股票通市场,标志着一个重要的转机机会,根据南华早报援引历史趋势。
香港上市的科技巨头如腾讯控股(场外交易:tencent n6006)、美团(场外交易:MPNGF)(场外交易:MPNGY)和小米公司(场外交易:XIACF)(场外交易:XIACY),在被纳入股票通连接项目后,股价出现了显著上涨,南华早报援引了其编制的数据。
加入后的六个月内,这些股票涨幅为12%-23%。在12个月内,美团和小米的涨幅甚至更为显著,价值翻倍以上。
价格走势:阿里巴巴(临时代码)股票在上周四最后一次检查时上涨0.32%,报85.09美元。
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