E-commerce giant Alibaba makes Cambodia its regional logistics hub
Donald Lee
As the battle for the ASEAN e-commerce market heats up, Alibaba’s logistics arm zeroes in on Cambodia
As the battle for the ASEAN e-commerce market heats up, Alibaba’s logistics arm zeroes in on Cambodia
New York-listed Alibaba Group Holding Ltd’s 51 percent-owned logistics arm Cainiao Smart Logistics Network Ltd plans to gain a controlling stake in Hong Kong-based Shenzhen 4PX Express Co Ltd in a related party transaction, next year.