Alibaba pushes for major investment in Chinese logistics market
e-Commerce Group, Alibaba, plans to build a network of warehouses across China and hopes to mobilise other partners to join in this effort to create an integrated logistics platform that will help elevate the quality of service to Chinese consumers and allow merchants to meet rapidly growing domestic consumption needs. In the medium-term, Alibaba and its financing partners will commit between RMB20 billion and RMB30 billion (US$3.01bn to US$4.52bn), and Alibaba hopes to spark a total investment of more than RMB100 billion (US$15.05bn) in logistics development in China by others partners in the e-commerce eco-system. "It’s clear that logistics is a crucial link in the e-commerce eco-system and in order for Chinese entrepreneurs to reach their future growth goals, this sector needs to develop rapidly in China," said Jack Ma, chairman & CEO of Alibaba Group. "It’s also clear that everyone involved in this sector needs to work together to accomplish this." He added: "Hopefully, within ten years‘ time, anyone placing an order online from anywhere in China will receive their goods within eight hours, allowing for the virtual urbanisation of every village across China. In order to achieve this, we will need to establish a modern, 21st century logistics network." Alibaba’s strategy towards logistics is composed of four key parts:
Taobao recently revealed that transactions per user grew by 35% year-on-year, while Taobao Mall, its dedicated B2C platform, saw its 2010 gross merchandise value quadruple over the previous year. On November 11, 2010, more than 15 million packages were sent as a result of a single-day promotional event on Taobao Mall. Quelle: eyefortransport Portal: www.logistik-express.com |