Alibaba's delivery arm to build 10 lakh smart delivery vans
Chinese e-commerce giant Alibaba's delivery arm Cainiao Network has announced $7.3 billion investment to produce 10 lakh smart delivery vans. A computing system will analyse real-time orders and design the most efficient routes for the delivery fleet. Earlier in a pilot run, the smart vans travelled 30% shorter distances and saved 20% of the operational costs.
From K J M Varma Beijing, May 23 (PTI) Chinese e-commerce giant Alibabas delivery arm Cainiao Network has announced USD 7.3 billion investment to produce one million smart vans in partnership with domestic automakers for efficient delivery. Cainiao said a computing system, powered by the Internet, will analyse real-time orders and design the most efficient routes for its delivery fleet. The move will cut cost and reduce energy consumption. 