US stock trading · May 14, 2024 0

BABA's AliExpress Partners with 4 Major Logistics Firms in S Korea to Enhance Delivery Services

AliExpress, a subsidiary of BABA-SW (09988.HK)  +1.500 (+1.848%)    Short selling $634.39M; Ratio 9.795%   (BABA.US)      , entered into a cooperation agreement with 4 South Korean logistics companies, including CJ Logistics and Hanjin. The above logistics companies will provide delivery tasks within South Korea for the next year.

The cooperation between AliExpress and South Korean logistics companies aims to improve logistics efficiency and service quality, so as to meet the demand for business growth.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-14 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)