Shulou(Shulou.com)11/24 Report--

Thanks to CTOnews.com netizen Coje_He for the clue delivery! On February 23, Alibaba Group released its third-quarter report for fiscal year 2023. After offsetting cross-division transactions, Cainiao's single-quarter revenue increased by 27% year-on-year to 16.553 billion yuan, achieving remarkable results in high-quality development.

This quarter, Cainiao has significantly enhanced its core capabilities such as international express delivery, warehouse distribution supply chain and logistics terminal, increasing the number of overseas distribution centers to 15, and it has become a trend for domestic products to go to sea to find rookies; warehouse distribution supply chain ensures businesses' deterministic implementation of their contracts. The next morning arrived, the next day reached the effective and stable products. The peak number of door-to-door parcels delivered by rookie in China this quarter exceeded 18 million, of which the number of door-to-door parcels delivered by rookie stations in a day exceeded 10 million, further enhancing the consumer experience.

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