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Cainiao’s cross border business drives strong quarterly revenue growth

Cainiao expands cross-border business

Alibaba Group’s Cainiao Smart Logistics subsidiary saw revenue and profits soar in the second quarter of the year, with its cross-border fulfilment solutions driving year-on-year (YoY) growth and the firm confirming that it is now accelerating its plan to build a “world-leading digitalized supply chain network.”

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