Alibaba Delivery Network Shows ‘Promising Progress’

By | April 23, 2015

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Alibaba (BABA) will see its 2-year-old fulfillment and delivery network become its third leading growth driver, says an analyst. Only Alibaba’s e-commerce core and payment service will be larger than the Cainiao Network Technology delivery operation over the long term, wrote W.R. Hambrecht & Co./Summit Research Partners analyst Henry Guo in a research report Thursday. JD.com (JD), another of China’s online retail giants, is also enlarging its Scalper1 News

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