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Alibaba's five most promising businesses

Updated: 2015-05-19 07:05
(chinadaily.com.cn)

4. Logistic: Cainiao Network

Logistic is another field that Alibaba has been eyeing since the e-commerce behemoth launched its own logistic unit Cainiao Network Technology Co two years ago.

"Cainiao is a good name, which means we are the rookie in the industry", said Zhang, adding that the company is exploring a new approach of making use of data and cloud computing to connect delivery centers and to improve efficiency.

Alibaba's five most promising businesses

Alibaba Group announced its plan to cooperate with China Post in establishing a smart logistic network, on June 12, 2014. [Photo/IC]

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