Get the free version of Marbridge Daily delivered to your inbox

Click here to subscribe

Cainiao Invests in Logistics SaaS Provider Yiliu

Tencent Tech, 9/13/18

Cainiao Network Technology, the smart logistics company established by Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), recently announced a strategic investment in Shenzhen-based Yiliu Technology (835955.NEEQ), operator of supply chain logistics SaaS platform e-TMS and mobile transportation process management app Yiliuyun.

Following the investment, Cainiao and Yiliu will use their capabilities in the Internet of Things, artificial intelligence and big data domains to provide services for several million Chinese freight vehicles to offer smart route optimization, smart shipment matching, and safe driver scheduling services for cargo shippers and vehicle operators.

Yiliu is a smart Internet of Things company specializing in the logistics industry and has significant experience providing digitization and smart upgrade services for freight vehicle and shipment applications, including end-to-end logistics transparency SaaS solutions. Currently, Yiliu connects more than 1.4 mln freight vehicles and 1.5 mln drivers and covers over 10 niche domains including services for cargo owners, fresh foods and refrigerated logistics, e-commerce shipping, and large supermarkets. Its operations cover all of China as well as neighboring countries in Asia and some European countries and regions.

Keywords: e-TMS Yiliu Technology 835955.NEEQ M&A Yiliuyun wireless Internet logistics big data Cainiao artificial intelligence IoT Software as a Service

Feedback

Please note, all fields are required.
None of your personal information will be shared with third parties.

SendingSending

Disclaimer

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.

Marbridge Daily Premium

Interested in gaining full access to all newsletter articles and the Marbridge Daily archive? To learn more about premium subscription options, including pricing, please:

Click here

Marbridge Consulting RSS Feed

Marbridge Reports