The sheer size of China’s logistics sector supporting its e-commerce market continues to raise eyebrows. The recent acquisition of a 10% stake in e-commerce fulfilment provider ZTO Express by Alibaba and Cainiao was worth a whopping $1.4bn. In this Logistics Trends & Insights blog, analyst Cathy Roberson goes behind the headline numbers to unpick the details of the deal and finds that it is actually ZTO’s international freight forwarding arm …
The post Alibaba and Cainiao investment in ZTO Express – more than meets the eye appeared first on The Loadstar.
Source: The Loadstar
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