Alibaba, Haier partner to extend logistics and delivery capacity

Monday 9 December 2013 09:31 CET | News

Chinese e-commerce provider Alibaba has invested USD 364 million in electronics manufacturer Haier Group to extend its logistics and delivery capacity.

Haier, which has built smartphones based on Alibaba’s Aliyun operating system, will enhance Alibaba’s e-commerce, logistics and information capabilities. Using the newly established Goodaymart joint venture company, the parties will establish industry logistics service standards for point-to-point delivery of large-sized goods and create a nationwide logistics and service network for the delivery and assembly of household appliances and large-sized goods. At the same time, Haier Group and Alibaba Group will jointly develop and provide supply chain management solutions and products to drive the development of the Chinese logistics industry. The Goodaymart logistics and service network will fully support the growth and development of and will provide merchants and consumers with high-quality logistics, delivery and assembly services for household appliances and large-sized goods.

Haier Electronics deals with the delivery and installation of household appliances and other large-sized goods. Goodaymart, a business operated by Haier Electronics, has nine shipping bases nationwide, 90 logistics delivery centres and 2 million square meters in warehouse space.

In recent news, Alipay, an affiliate of Alibaba Group, and an online payment service in China, has locked out free payment services for desktop computer users as the company tries to go mobile.

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Keywords: Alibaba, Haier, delivery capacity, logistic capacity, electronics manufacturer, e-commerce
Categories: Payments & Commerce
Countries: World
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