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Cross-border

Cainiao deepens collaboration with Correios to promote bilateral trade

mmBy Elizabeth BakerApril 17, 20232 Mins Read
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Cainiao Network, the logistics arm of Alibaba Group Holding Limited, has partnered with the national postal service of Brazil, Correios, to improve cross-border express and last-mile logistics services for merchants and consumers.

The joint efforts are also intended to contribute toward the two companies’ shared goal of promoting bilateral trade between China and Latin America. As part of this strategic collaboration, Cainiao and Correios will develop their cooperation in international air freight, local logistics infrastructure and smart logistics technology. This is to help drive the optimization of import and export logistics and China-Brazil express services and create holistic full-chain solutions to serve more platforms, merchants and consumers and accelerate trade exchanges between China and Brazil.

According to the partners, Brazil is the 15th largest market for e-commerce with a revenue of US$26.1bn in 2021. According to the 2021 Ebit Webshoppers report, e-commerce in Brazil grew by 31% in the first half of 2021. In 2020 alone, the number of online consumers increased by more than 40% due to the Covid-19 pandemic and changing consumer preferences.

In March 2023, Cainiao’s last-mile delivery business in Brazil reportedly grew by more than 70% compared with 2022. Currently, Cainiao has eight weekly cargo-chartered flights from China to Brazil, and has built automated distribution centers, overseas warehouses and self-pickup lockers in countries such as Brazil, Chile and Mexico.

Wan Lin, CEO of Cainiao, said, “Globalization has always been one of our core business pillars. Today, Cainiao’s global express service has served hundreds of thousands of cross-border merchants and we are accelerating the development of holistic logistics capabilities to better support our customers’ needs. Going forward, we will be deepening our collaboration with Correios to enhance bilateral trade between China and Brazil.”

Fabiano Silva dos Santos, president of Correios, said, “We envision that this collaboration will be a huge step forward in the optimization of logistics operations for Correios and Cainiao. Amid the highly competitive logistics industry in Brazil, it is pertinent for us to prioritize innovation, customer-centricity and a forward-thinking mindset in order to maintain industry leadership.”

To keep up with the latest Cainiao developments, click here.

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