Cainiao
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Cainiao revenue up 26% YoY to $2.57b in Q2 FY23
Over 70% of its revenue was from external customers.
Cainiao upgrades logistics and network for 11.11 shopping festival
One upgrade involves the chartering of 300 flights from China to consumers around the world.
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This has already led to improved click and conversion rates for the group.
