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Cainiao Overseas Warehouses Offer 8 Protection Measures for Merchants Expanding Overseas
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BABA-W's (09988.HK) (BABA.US) logistic arm Cainiao has announced the launch of eight major protection measures for merchants. With its focus on popular export items including large furniture, automotive parts, smart home appliances, and 3D printers, Cainiao's overseas warehouses aim to provide multiple layers of protection for the cross-border business of merchants expanding overseas through comprehensive supply chain services, industry-specific solutions, as well as benefits like shipping subsidies, free storage, and rapid compensation. In other news, Cainiao's overseas warehouses plan to ramp up investment this year in key markets such as Europe and the U.S., aiming to enhance its local warehousing and distribution capabilities. The initiative includes expanding warehouse capacity by utilizing dimensional space, achieving fully paperless operations, and increasing the deployment of smart warehousing equipment. The company hopes to leverage technology to help brands continuously reduce costs and boost efficiency. AAStocks Financial News |
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