Cainiao Network, which is part of Alibaba Group, has unveiled its plans to establish a global network of logistics hubs, Interfax news agency reported on Thursday with reference to Chinese sources.
The company has already chosen the five world’s largest cities that will enter the network of logistics hubs. These are the Russian city of Moscow, Belgian city of Liège, Chinese Hangzhou, Malaysian Kuala Lumpur and Arab Dubai. Details of the project have not been disclosed. So, at the moment it is unclear whether the Moscow hub will be set up in partnership with the Russian company or not. Also, the amount of planned investments is not unveiled either.
The project is aimed at shortening the delivery time to 24 hours. The logistics center in Belgium will be capable of serving half of Europe's consumers, including France, Germany and Great Britain, where the goods will be delivered within 5 hours. Dubai will serve as a connecting link between Europe and Asia.