Alibaba Unit Cainiao, USPS Sign MoU to Increase Cross-Border Logistics Services

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Cainiao, the logistics affiliate of Alibaba Group Holding Limited
BABA
, and the United States Postal Service (USPS) today signed a Memorandum of Understanding (MoU) to develop new international shipping solutions and enhance the logistics-service experience for both sellers and buyers involved in cross-border e-commerce. Through the MOU, Cainiao and the USPS agreed to work together to speed delivery of merchandise sold through AliExpress to consumers in the United States. The USPS will also collaborate with Cainiao to help expand the latter's delivery networks worldwide, especially in South America. In cross-border e-commerce, online shoppers purchase goods directly from overseas merchants and manufacturers who ship their orders directly to consumers' homes. The global B2C cross-border e-commerce market is
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