Alibaba-backed logistics company Cainiao plans to open a new subsidiary in Russia, according to Russian media sources. The Russian newspaper Kommersant quoted a “source familiar with the company’s plans” as saying: “Cainiao will establish an eco-system of logistics, fulfilment and warehouse companies around business of AliExpress in Russia both for trans-border trade and Russian business.”
Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]
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