Alibaba has made a strategic investment in Chinese logistics company YTO Express to help both businesses improve logistics efficiency for their customers.
Alibaba Group takes a minority stake in Shanghai YTO Express (Logistics). Both companies will cooperate in developing optimal logistics solutions for China in order to raise operational efficiency in the industry.
YTO Express is one of 14 logistics partners that work closely with Cainiao, the logistics affiliate of Alibaba Group. Cainiao and YTO Express will work together to enhance the industry’s logistics management capabilities and international and rural delivery services. This will in turn raise the bar on service quality and user experience for merchants, consumers and logistics companies.
