Saudia Cargo, Alibaba’s Cainiao team up to boost e-commerce

Riyadh – Mubasher: Saudia Cargo has signed an agreement with Cainiao, the logistic arm of Alibaba Group, to operate five weekly flights from Hong Kong to Belgium’s Liège, with Riyadh as a connection point.  

The step comes to meet the growing demand for e-store shipments leveraging the kingdom’s unique geographical position connecting Asia and Europe, according to a statement on Tuesday.

The deal will help make Saudi Arabia a global logistics hub in tandem with Vision 2030 and will further support e-commerce operations between China and Europe.

 

Mubasher Contribution Time: 02-Mar-2021 13:36 (GMT)
Mubasher Last Update Time: 02-Mar-2021 13:38 (GMT)