Aug 02, 2017
Cainiao Network Technology, the smart logistics company established by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently said that its green logistics initiative and its mobile logistics service app Guoguo will partner with express delivery companies including Best Logistics, Tian Tian Express, Rufengda Express, and Dianwoda to launch a green delivery program.
Zhejiang-based Kuaizhun Chefu Network Technology, operator of B2B auto parts e-commerce platform Kzmall.cn, recently announced completion of RMB 30 mln in pre-Series A funding from individual investors Bu Guangqi, founder of consumer electronics B2C e-commerce website and Tencent (0700.HK) subsidiary 51buy.com, and Qiu Fei, chairman of investment company Xinhuadu Group.
Chengdu-based third-party online supermarket retail platform Yatang Xiaochao and local express delivery platform Hummingbird, operated by Rajax Information Technology, have signed a strategic partnership agreement whereby Hummingbird will provide speedy delivery for Yatang Xiaochao orders.
Chinese online ratings, group buy, and food O2O business Meituan-Dianping and the government of Shanghai's Changning district recently signed a strategic partnership agreement covering several domains, including new business settlement, office rental, talent attraction, and business platforms.
The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.
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