News Snapshot:
Cainiao Smart Logistics Network announced a partnership with BEST Inc. on Wednesday to launch an end-to-end logistics service between Malaysia and China to shorten delivery time for cross-border e-commerce parcels. Cainiao has an existing established network in Malaysia. Prior to this announcement, Cainiao worked with only one company for air freight service and also offered a full end-to-end sea freight service. The latest announcement is part of its expansion initiative to aggregate more partners onto the platform to service the Malaysia-China logistics route, with BEST Inc. as the lead partner. The China-Malaysian cross-border logistics service launched by BEST and Cainiao...