Alibaba Group Holding Ltd. (NYSE: BABA)is wasting no time on its pledge to spend $15 billion over the next five years to build out its global logistics network. The Chinese e-commerce giant recently laid out plans for a "smart" warehouse system known as "Cainiao Future Park," as well as plans to help build a huge logistics hub right at Hong Kong International Airport.
4 Important Updates About Alibaba's Cainiao Logistics Network
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