On January 13th, Jinshi Data reported that the recent rumor of ‘Cainiao’s split’ is false, according to internal sources from Alibaba and Cainiao. Currently, Cainiao is only making production relationship adjustments to some platform logistics businesses. The main logistics business of Cainiao remains unchanged and will continue to vigorously develop global express delivery, Supply Chain, logistics technology, etc.
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Insider: Rumors of Alibaba Group splitting off Cainiao are false
On January 13th, Jinshi Data reported that the recent rumor of ‘Cainiao’s split’ is false, according to internal sources from Alibaba and Cainiao. Currently, Cainiao is only making production relationship adjustments to some platform logistics businesses. The main logistics business of Cainiao remains unchanged and will continue to vigorously develop global express delivery, Supply Chain, logistics technology, etc.