Alibaba Logistics Wing Launches Daily Cargo Route from Singapore to Hainan
Chinese tech giant Alibaba's logistics arm, Cainiao, announced it is launching daily cargo flights from Singapore to Hainan, China's southernmost point, Bloomberg reported April 22. Hainan is a trading hot spot due to its duty-free shopping and commitments to becoming…
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a free trade zone and free trade port. Cainiao also plans to open additional cargo routes including to Australia, New Zealand, Japan and South Korea, Bloomberg said. In the longer term, European cargo routes are to be expected as well.