Cainiao, the logistics arm of Alibaba Group Holding, is stepping up its overseas push with a new service crossing the US-Mexico border.
The cross-border logistics service, a first for Cainiao in the Americas, was designed to handle parcel flow between the two countries, which was one of the region’s high-traffic corridors, the Alibaba unit said on Friday. Alibaba owns the South China Morning Post.
The service was expected to reach 99 per cent of the Mexico market and would be priced at around 60…
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