Catering for the needs of Asian singles
Catering for the expected increase in air cargo demand during year-end online shopping festivals such as today's "Singles Day" (11 November), Alibaba’s logistics arm Cainiao has started to utilise YTO Cargo Airlines' services for the transportation of e-commerce shipments via Singapore.
A thrice weekly service to Huangzhou, the home town of Alibaba, was started few days ago and aims to improve Cainiao’s stability and efficiency in achieving its goal of global delivery within 72 hours in Southeast Asia.
David Su, YTO Cargo Airlines’ chairman: "We are delighted to launch our newest route to Changi Airport, together with our shareholder and core strategic partner Cainiao. Singapore is one of the key hubs in the Southeast Asia market, while Hangzhou is the cradleland of e-commerce in China." (ah)