The Supply Chain Matters blog highlights today’s announcement that Chinese online retail platform provider Alibaba is increasing its ownership stake in its logistics unit Cainaio.
The Supply Chain Matters blog highlights that China’s annual 24-hour Singles Day shopping holiday kicks-off on November 11, anticipating higher amounts of shoppers seeking the best bargains. The event will be another test of online retail platform provider Alibaba and its logistics arm, Cainaio,
Supply Chain Matters provides a follow-up to our ongoing blog commentaries related to China’s 2017 Singles Day online shopping event that occurred this weekend. Indications are that this year’s event shattered all previous online sales records and provided added milestones for integrating online and in-store merchandising.
Tomorrow marks the celebration of the 2017 Singles Day across China. The event itself represents a testing ground for large-scale online retail capabilities that have global-wide implications for global online commerce dominance.
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