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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Cainiao Headquarters in Hangzhou

HANGZHOU, CHINA - AUGUST 31, 2023 - The Cainiao headquarters in Hangzhou, Zhejiang province, China on Aug 31, 2023.

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Illustration CAINIAO

SUQIAN, CHINA - JANUARY 15, 2025 - The LOGO of Cainiao is displayed on a smartphone in Suqian, Jiangsu province, China, Jan. 15, 2025. Cainiao Group recently completed a round of organizational restructuring. After the adjustment, Cainiao has truly transformed from an Internet logistics technology platform into a logistics company, focusing on logistics operations.

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Illustration CAINIAO

SUQIAN, CHINA - JANUARY 15, 2025 - The LOGO of Cainiao is displayed on a smartphone in Suqian, Jiangsu province, China, Jan. 15, 2025. Cainiao Group recently completed a round of organizational restructuring. After the adjustment, Cainiao has truly transformed from an Internet logistics technology platform into a logistics company, focusing on logistics operations.

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Illustration CAINIAO

SUQIAN, CHINA - JANUARY 15, 2025 - The LOGO of Cainiao is displayed on a smartphone in Suqian, Jiangsu province, China, Jan. 15, 2025. Cainiao Group recently completed a round of organizational restructuring. After the adjustment, Cainiao has truly transformed from an Internet logistics technology platform into a logistics company, focusing on logistics operations.

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Illustration CAINIAO

SUQIAN, CHINA - JANUARY 15, 2025 - The LOGO of Cainiao is displayed on a smartphone in Suqian, Jiangsu province, China, Jan. 15, 2025. Cainiao Group recently completed a round of organizational restructuring. After the adjustment, Cainiao has truly transformed from an Internet logistics technology platform into a logistics company, focusing on logistics operations.

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11.11 E-Commerce

SHANGHAI, CHINA - OCTOBER 20, 2024 - A Cainiao station is filled with parcels as customers come to the station to pick up their own parcels in Shanghai, China, Oct 20, 2024.

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11.11 E-Commerce

SHANGHAI, CHINA - OCTOBER 20, 2024 - A Cainiao station is filled with parcels as customers come to the station to pick up their own parcels in Shanghai, China, Oct 20, 2024.

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11.11 E-Commerce

SHANGHAI, CHINA - OCTOBER 20, 2024 - A Cainiao station is filled with parcels as customers come to the station to pick up their own parcels in Shanghai, China, Oct 20, 2024.

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CHINA-UEFA EURO-FUELED SURGE-GLOBAL TRADE (CN)

(240710) -- HANGZHOU, July 10, 2024 Photo by Xinhua/ABACAPRESS.COM) -- This file photo taken in 2024 shows a European championship special line launched by AliExpress and Cainiao in Dongguan, south China's Guangdong Province. TO GO WITH "Economic Watch: 'World's supermarket' sprints to global trade via UEFA Euro-fueled surge" (Cainiao/Handout via Xinhua/ABACAPRESS.COM

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10th China (Shanghai) International Technology Fair

SHANGHAI, CHINA - JUNE 12, 2024 - Visitors visit The Cainiao Logistics exhibition area at The 10th China (Shanghai) International Technology Fair in Shanghai, China, June 12, 2024.

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Alibaba Withdraws Cainiao IPO Application

HANGZHOU, CHINA - MARCH 27, 2024 - Citizens walk past a Cainiao Express tricycle in Hangzhou, Zhejiang province, China, March 27, 2024.

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Alibaba Withdraws Cainiao IPO Application

HANGZHOU, CHINA - MARCH 27, 2024 - Citizens walk past a Cainiao Express tricycle in Hangzhou, Zhejiang province, China, March 27, 2024.

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Alibaba Withdraws Cainiao IPO Application

HANGZHOU, CHINA - MARCH 27, 2024 - Citizens walk past a Cainiao Express tricycle in Hangzhou, Zhejiang province, China, March 27, 2024.

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Alibaba Withdraws Cainiao IPO Application

HANGZHOU, CHINA - MARCH 27, 2024 - The Cainiao logo is seen in Hangzhou, Zhejiang province, China, March 27, 2024.

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Alibaba Withdraws Cainiao IPO Application

HANGZHOU, CHINA - MARCH 27, 2024 - Citizens walk past a Cainiao Express tricycle in Hangzhou, Zhejiang province, China, March 27, 2024.

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McDonald's Cainiao Group Supply Chain Cooperation

SHANGHAI, CHINA - JANUARY 5, 2024 - A McDonald's restaurant is seen at a shopping mall in Shanghai, China, January 5, 2024.

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McDonald's Cainiao Group Supply Chain Cooperation

SHANGHAI, CHINA - JANUARY 5, 2024 - A McDonald's restaurant is seen at a shopping mall in Shanghai, China, January 5, 2024.

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McDonald's Cainiao Group Supply Chain Cooperation

SHANGHAI, CHINA - JANUARY 5, 2024 - A McDonald's restaurant is seen at a shopping mall in Shanghai, China, January 5, 2024.

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McDonald's Cainiao Group Supply Chain Cooperation

SHANGHAI, CHINA - JANUARY 5, 2024 - A McDonald's restaurant is seen at a shopping mall in Shanghai, China, January 5, 2024.

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Xinhua Headlines: Improved logistics spur global market in "Double 11" shopping festival

(231112) -- BEIJING, Nov. 12, 2023 (Xinhua) -- A staff member works at a warehouse of Cainiao in Madrid, Spain, Nov. 9, 2023. (Xinhua)

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Xinhua Headlines: Improved logistics spur global market in "Double 11" shopping festival

(231112) -- BEIJING, Nov. 12, 2023 (Xinhua) -- This photo taken on Nov. 10, 2023 shows a cross-border e-commerce warehouse of Cainiao and AliExpress in Dongguan, south China's Guangdong Province. (Xinhua)

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Double Eleven Global Carnival Peak in China

SHANGHAI, CHINA - NOVEMBER 4, 2023 - A delivery rack is stacked with Double Eleven Global Carnival items outside a Cainiao Station store in Shanghai, China, November 4, 2023.

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Double Eleven Global Carnival Peak in China

SHANGHAI, CHINA - NOVEMBER 4, 2023 - A delivery rack is stacked with Double Eleven Global Carnival items outside a Cainiao Station store in Shanghai, China, November 4, 2023.

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Double Eleven Global Carnival Peak in China

SHANGHAI, CHINA - NOVEMBER 4, 2023 - A delivery rack is stacked with Double Eleven Global Carnival items outside a Cainiao Station store in Shanghai, China, November 4, 2023.

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Double Eleven Global Carnival Peak in China

SHANGHAI, CHINA - NOVEMBER 4, 2023 - A delivery rack is stacked with Double Eleven Global Carnival items outside a Cainiao Station store in Shanghai, China, November 4, 2023.

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Double Eleven Global Carnival Peak in China

SHANGHAI, CHINA - NOVEMBER 4, 2023 - A delivery rack is stacked with Double Eleven Global Carnival items outside a Cainiao Station store in Shanghai, China, November 4, 2023.

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CHINA-ZHEJIANG-YIWU-SPAIN-MADRID-COOPERATION (CN)

(231011) -- BEIJING, Oct. 11, 2023 (Xinhua) -- A staff member works in a Yiwu Cainiao bonded warehouse in Yiwu, east China's Zhejiang Province, July 19, 2023. The train service from the Chinese small commodity hub of Yiwu to the European commodity center of Madrid was officially launched in November 2014, spanning eight countries in Eurasia with a total length of more than 13,000 kilometers. The train service from Yiwu to Madrid has become a carrier of economic and trade cooperation and cultural exchanges between countries along the railway and has built a new bridge for opening and cooperation between countries and peoples along the line. (Xinhua/Li Muzi)

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CHINA-ZHEJIANG-YIWU-SPAIN-MADRID-COOPERATION (CN)

(231011) -- BEIJING, Oct. 11, 2023 (Xinhua) -- A staff member works in a Yiwu Cainiao bonded warehouse in Yiwu, east China's Zhejiang Province, July 19, 2023. The train service from the Chinese small commodity hub of Yiwu to the European commodity center of Madrid was officially launched in November 2014, spanning eight countries in Eurasia with a total length of more than 13,000 kilometers. The train service from Yiwu to Madrid has become a carrier of economic and trade cooperation and cultural exchanges between countries along the railway and has built a new bridge for opening and cooperation between countries and peoples along the line. (Xinhua/Li Muzi)

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CHINA-ZHEJIANG-YIWU-SPAIN-MADRID-COOPERATION (CN)

(231011) -- BEIJING, Oct. 11, 2023 (Xinhua) -- A staff member works at a Cainiao logistics center in Madrid, Spain, July 31, 2023. The train service from the Chinese small commodity hub of Yiwu to the European commodity center of Madrid was officially launched in November 2014, spanning eight countries in Eurasia with a total length of more than 13,000 kilometers. The train service from Yiwu to Madrid has become a carrier of economic and trade cooperation and cultural exchanges between countries along the railway and has built a new bridge for opening and cooperation between countries and peoples along the line. (Xinhua/Meng Dingbo)

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CHINA-ZHEJIANG-YIWU-SPAIN-MADRID-COOPERATION (CN)

(231011) -- BEIJING, Oct. 11, 2023 (Xinhua) -- Staff members work at a Cainiao logistics center in Madrid, Spain, July 31, 2023. The train service from the Chinese small commodity hub of Yiwu to the European commodity center of Madrid was officially launched in November 2014, spanning eight countries in Eurasia with a total length of more than 13,000 kilometers. The train service from Yiwu to Madrid has become a carrier of economic and trade cooperation and cultural exchanges between countries along the railway and has built a new bridge for opening and cooperation between countries and peoples along the line. (Xinhua/Meng Dingbo)

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CHINA-ZHEJIANG-YIWU-SPAIN-MADRID-COOPERATION (CN)

(231011) -- BEIJING, Oct. 11, 2023 (Xinhua) -- Staff sort parcels at a Cainiao logistics center in Guadalajara, Spain, Nov. 11, 2020. The train service from the Chinese small commodity hub of Yiwu to the European commodity center of Madrid was officially launched in November 2014, spanning eight countries in Eurasia with a total length of more than 13,000 kilometers. The train service from Yiwu to Madrid has become a carrier of economic and trade cooperation and cultural exchanges between countries along the railway and has built a new bridge for opening and cooperation between countries and peoples along the line. (Xinhua/Meng Dingbo)

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Cainiao Logistics

HANGZHOU, CHINA - OCTOBER 3, 2023 - Photo taken on Oct 3, 2023 shows a cainiao unmanned logistics delivery vehicle at a square in Hangzhou, East China's Zhejiang province.

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Cainiao Logistics

HANGZHOU, CHINA - OCTOBER 3, 2023 - Photo taken on Oct 3, 2023 shows a cainiao unmanned logistics delivery vehicle at a square in Hangzhou, East China's Zhejiang province.

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Cainiao Logistics

HANGZHOU, CHINA - OCTOBER 3, 2023 - Photo taken on Oct 3, 2023 shows a cainiao unmanned logistics delivery vehicle at a square in Hangzhou, East China's Zhejiang province.

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Cainiao Logistics

HANGZHOU, CHINA - OCTOBER 3, 2023 - Photo taken on Oct 3, 2023 shows a cainiao unmanned logistics delivery vehicle at a square in Hangzhou, East China's Zhejiang province.

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2023 Future Life Festival in Hangzhou

HANGZHOU, CHINA - OCTOBER 3, 2023 - Children watch Cainiao's intelligent unmanned logistics delivery vehicle at the 2023 Future Life Festival in Hangzhou, Zhejiang province, China, Oct 3, 2023.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.

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Illustration Cainiao

SUQIAN, CHINA - SEPTEMBER 27, 2023 - Illustration Cainiao, Suqian city, Jiangsu province, China, Sept 27, 2023. Cainiao formally submitted its listing application to the Hong Kong Stock Exchange.