Cainiao to invest in Russian Post infrastructure

Alibaba’s Cainiao logistics network and Russian Post are to strengthen their ties according to a report from Shanghai Daily. The plan is to help Russian Post to improve efficiency in cross-border trade and to help bolster Chinese exports.

Between them, Cainiao and Russian Post are to upgrade the infrastructure of full-service centres in Russia as well as providing services for warehousing, orders, parcel handling, sorting and courier delivery, and also increasing capabilities during peak times.

“Combining our two parties’ experience will improve the quality, cost-efficiency and speed of delivery of goods from China to Russia immensely,” said Nikolai Podguzov, general director of Russian Post. “We intend to become a key logistics partner of Cainiao in Russia.”

Lin Wan, president of Cainiao Network, said: “Cainiao is committed to developing a global smart logistics network with a partnership approach, and we are delighted to join hands with Russian Post to help our merchants better serve Russian and global consumers.”

China is Russia’s biggest trade partner. Bilateral trade jumped 27 percent last year to a record US$107 billion, according to China’s General Administration of Customs.