Cainiao Smart Logistics Network

Cainiao Smart Logistics Network

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Cainiao Smart Logistics Network Limited (Chinese: 菜鸟网络科技有限公司), formerly known as China Smart Logistics Network, is a Chinese logistics company launched by Alibaba Group, jointly with eight other companies, on 28 May 2013. On March 26, 2024, Alibaba, which holds approximately 64% of Cainiao's shares, said it would acquire the remaining 36% of Cainiao's shares. As of May 2018, Cainiao was one of the largest unicorn companies in China, valued at 100 billion yuan. Cainiao ensures delivery within 24 hours to any region of China.
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