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Cainiao's Sydney Warehouse Logs 1.7x YoY Surge in Inbound Vol. in 2M25
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BABA-W's (09988.HK) (BABA.US) logistics flagship Cainiao Group announced that the inbound volume at Cainiao's Sydney warehouse surged by over 170% YoY in 2M25, as indicated by global supply chain data. Through the pre-stocking model, over 1 million Chinese products were pre-stocked in the Sydney warehouse, allowing overseas warehouses to respond quickly when consumers place orders, Cainiao disclosed. Delivery in East Coast cities like Sydney and Melbourne can now be completed within two to three days, which is five to seven days faster than traditional cross-border direct mail. AAStocks Financial News |
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