In partnership with Cainiao, AliExpress will now offer X-day delivery guarantee for selected international orders supported by a newly streamlined network
HANGZHOU, China, Oct. 18, 2021 /PRNewswire/ — AliExpress, part of Alibaba Group and one of the world's largest online retail marketplaces, has introduced innovative logistics solutions in partnership with Cainiao, Alibaba's logistics arm. Ahead of the world renowned 11.11 Global Shopping Festival, this enables the Company to offer X-day delivery guarantee and an enhanced service to millions of customers.
The upgrades, consisting of China domestic selection warehouses, automated sorting centers, overseas warehouses, increased weekly chartered flights, as well as last mile self-pickup network, help create one of the world's most robust cross-border e-commerce ecosystems. These new additions significantly speed up the dispatch time needed for shipments from China to overseas customers. Riding on this momentum and the triple digit growth in AliExpress's key markets, Brazil, Spain and France in 2020, the Company plans to further increase its investment in innovative technology to support its global and local logistics.
"Shoppers worldwide have come to expect efficient delivery," said Wang Mingqiang, general manager of AliExpress. "Through our ongoing innovations and strategic partnership with Cainiao, we have enhanced our cross-border e-commerce ecosystem. We can now help our sellers deliver popular products within an incredibly efficient delivery time to Europe and Latin America. As we implement this enhanced supply chain network ahead of the 11.11 Global Shopping Festival, we are thrilled to be delivering goods faster and more reliably with no additional cost for our valued customers."
In the past year, the number of packages received and delivered by AliExpress' ecosystem logistics partners has increased by 100 percent. In response to the rising needs through partnership with Cainiao, five selection warehouses and nine automated sorting centers have been established in China for sellers to pre-stock their AliExpress products, thus significantly reducing the dispatch time, along with 80 chartered flights in average every week, AliExpress now offers 10 working days delivery for selected cross border orders made in Spain and France, 12 working days for Brazil and five working days for South Korea. There are plans to roll out the initiatives in more European markets.
In the past year, the number of packages received and delivered by AliExpress' ecosystem logistics partners has increased by 100 percent. In response to the rising needs through partnership with Cainiao, five selection warehouses have been established in China for sellers to pre-stock their AliExpress products, thus significantly reducing the dispatch time, along with nine domestic automated sorting centers and 80 chartered flights in average every week, AliExpress now offers 10 working days delivery for selected cross border orders made in Spain and France, 12 working days for Brazil and five working days for South Korea. There are plans to roll out the initiatives in more European markets. Between November 11 through 30, AliExpress will have more than 300 chartered flights in total to ensure customers receive their package on time.
Since 2020, AliExpress and Cainiao have also actively developed overseas warehouses to enhance the capacity and efficiency of cross-border logistics networks. By utilizing these warehouses, local delivery in Spain and France can be achieved in three days and seven days for the rest of Europe. Over the next year overseas warehouses will largely be upgraded with a strong emphasis on local logistics.
On the last mile delivery, a network of over 20,000 self-pickup service points has been launched in Spain, France, Poland and Russia, combining AliExpress-branded lockers powered and operated by Cainiao, as well as collection points powered by local partners. These lockers offer a fluid shopping experience for consumers, who can freely and quickly pick up their AliExpress orders in automatic lockers. This is a practical solution that offers greater flexibility and security.
Additionally, AliExpress will introduce "On-time Guarantee" in Spain and France ahead of the 11.11 Global Shopping Festival. This service will be applicable for any orders shipping from China domestic selection warehouses, as well as Cainiao overseas warehouses, and AliExpress will automatically reimburse $1 USD coupon per order in case of late arrival of the packages.
AliExpress has continued to improve its delivery service with a logistics strategy that grows stronger every year. The latest upgrades came just in time for the 11.11 Global Shopping Festival to bring customers around the world a delivery guarantee with a much shorter timeline. AliExpress will be allocating more resources to support its business roadmap, a key element of the roadmap is recruiting more local merchants onto the platform. Enhancing the network of overseas warehouses and self-pickup lockers for a better customer experience are one of the key business objectives for AliExpress in the coming years.
About AliExpress
Launched in 2010, AliExpress (www.aliexpress.com) is a global retail marketplace that enables consumers from around the world to buy directly from manufacturers and distributors primarily in China and is dedicated to becoming a platform for worldwide merchants to sell locally and globally. AliExpress operates in multiple languages including English, Russian, Spanish, French, Polish, Korean and Italian.
SOURCE AliExpress
Yahoo Finance reporter Ines Ferre looks at how oil markets are faring on Tuesday afternoon as WTI falls the most in seven weeks.
These fast-paced stocks have the innovative capacity and competitive edges needed to make patient investors richer.
Economists predict a much deeper economic downturn that could last into 2024, and warn the U.S. needs a “miracle” to avoid a recession.
Investor concerns have yet to abate, with worries given some added impetus last week when Fed Chair Jerome Powell said bluntly that the central bank is not done raising interest rates – and that the next couple of years are going to hurt. In one way, this is good news, as it signals clearly that the central bank will concentrate on combatting the high inflation that is weighing down the economy, but it also dramatically increases the risk that the Fed’s moves will spark a recession. The immediat
(Bloomberg) — Exxon Mobil Corp. took the first step toward filing a lawsuit against Russia after Vladimir Putin blocked the oil major from exiting its only remaining operation in the country. Most Read from BloombergAdani Becomes World’s Third Richest Trailing Only Musk, BezosThere’s a New Recession Canary in the Coal Mine, Morgan Stanley SaysElon Musk Attacks Twitter Deal Over Whistle-Blower as Feud EscalatesStocks End at Lowest Level in a Month; Oil Sinks: Markets WrapMikhail Gorbachev, Sovie
When it comes to making money on Wall Street, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett should be in a class of his own. Over a 57-year stretch as CEO, he's overseen the creation of almost $640 billion in shareholder value and guided his company's Class A shares (BRK.A) to a healthy aggregate return of 3,641,613% as of the end of 2021. Although there's a long list of factors paramount to Warren Buffett's long-term success, such as his love of dividend stocks and willingness to hold his investments for years, if not decades, what may not be readily apparent to most investors is that Buffett predominantly shuns diversification.
(Bloomberg) — Bed Bath & Beyond Inc. shares plunged in premarket trading Wednesday after the home-goods retailer announced in a filing that it may offer, issue and sell shares of its common stock from time to time. Most Read from BloombergJapan to Allow Non-Guided Group Tours From SeptemberAdani Becomes World’s Third Richest Trailing Only Musk, BezosThere’s a New Recession Canary in the Coal Mine, Morgan Stanley SaysMikhail Gorbachev, Soviet Leader Who Ended Cold War, Dies at 91Elon Musk Attack
DEEP DIVE There are different ways to select stocks based on dividends. An investor might look for companies paying high dividends, with the hope that payouts will keep rising. Or the investor might focus less on high current yields and more on consistent dividend increases.
Investors are always on the lookout for signals to help make sound investment decisions, and one obvious path to follow is in the footsteps of Wall Street’s most successful stock pickers. Ones such as hedge fund manager Steve Cohen. The billionaire has made his fortune using high-risk and high-reward trading strategies and currently runs hedge fund Point72 Asset Management, a firm which boasts $21.8 billion of assets under its wing. But it’s not only the assets under his management which make Co
With a total net worth of $137 billion, Indian-born Gautam Adani’s extraordinary wealth gain in 2022 has far surpassed that of any other billionaire, many of whom have seen their fortunes drop this year, according to Bloomberg’s running tally. The world’s richest, Tesla (TSLA) Chief Executive Officer Elon Musk, has seen a loss of $18.9 billion this year to bring his fortune to $251 billion, while Amazon.com’s (AMZN) executive chairman Jeff Bezos and No. 2 on the wealthy list, has seen his fortune tumble $39 billion this year, to $153 billion. Bloomberg reported that Adani, a college dropout, vaulted into the top three on Monday, the first time a person from Asia has made it that high into the rankings.
In this article, we discuss 10 best stocks that pay monthly dividends. You can skip our detailed analysis of dividend stocks and their performance in the past, and go directly to read 5 Best Stocks That Pay Monthly Dividends. In July 2022, the Consumer Price Index rose 8.5% from a year ago, marking a little […]
An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
Reminiscent of communist times? Maybe it's even worse.
The train wreck that is Snap's 2022 continues to roll on.
The major indexes undercut key support Tuesday on hot jobs data, while recent breakouts are failing.
Top trending stocks in after-hours trading.
After a rough few months for semiconductor stocks, one Wall Street analyst expects the pain to continue and predicted Tuesday that "we are entering the worst semiconductor downturn in a decade."
The Chinese e-commerce giants are among the first groups to be selected for inspection by U.S. auditors following a landmark bilateral agreement, according to a report.
‘I suggested we pay them salaries like any other employee, on top of their profit share. They did not seem to like this idea.’
Recently, Zacks.com users have been paying close attention to Occidental (OXY). This makes it worthwhile to examine what the stock has in store.