The story appears on

Page A10

September 21, 2017

GET this page in PDF

Free for subscribers

View shopping cart

Related News

Home » Business » Consumer

Internet giants gear up for Singles Day shopping

INTERNET giants are gearing up for the Singles Day shopping spree in November, and service providers in the logistics sector are beefing up efforts to ensure smooth delivery of goods following the world's largest online shopping festival.

China Express Association expects the total number of packages in the week following Singles Day to reach 1 billion this year, an increase of nearly 50 percent from last year’s 657 million.

Sun Kang, secretary general of China Express Association, told an industry forum in Shanghai yesterday that the peak delivery season following the Singles Day shopping spree, which falls on November 11 each year, has become a major test for the domestic courier service industry.

Courier companies have invested in smart devices to allow for more efficient dispatch and delivery of packages, and Cainiao Network will also provide more detailed predictive figures so that courier companies can make preparations for their delivery capacity in advance.

Vice president of Cainiao Network, Shi Miao, said it will encourage all industry partners and companies to ensure the efficiency of the last-mile delivery of packages. It will allocate 1.5 billion yuan (US$227 million) in subsidies during the peak delivery season for vendors and logistics partners to leverage from its smart logistics network and to offer smooth delivery to consumers. also said yesterday its logistics affiliate will offer 660 million yuan worth of subsidies and discounts for online vendors and courier companies to cut delivery costs for e-commerce sellers.


Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.

沪公网安备 31010602000204号

Email this to your friend