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Alibaba to Invest Billions for 3-Day Delivery Around the World

Alibaba to Invest Billions for 3-Day Delivery Around the World

Speaking at an event organised by Alibaba's logistics subsidiary Cainiao Network, executive chairman Jack Ma said the group "should be ready to prepare and fight" as the process of world trade changes because of logistics. The vehicles can be mass-produced, allowing rapid expansion of unmanned logistics vehicles and streamlining mass market logistics.

They can also be equipped with mobile self-pickup station and mobile coffee vending cart, enabling to fulfill the retail requirements.

The G Plus Robot was announced by Alibaba at the 2018 Global Smart Logistics Summit and the tiny thing is really cute. The resolution is a very fine, high angle and vertical angle resolution that reaches 0.2° throughout the angle of view. While improving the performance of LiDAR, the cost savings is also great, and at the same time the miniaturization of the scanning structure greatly improves the stability of LiDAR. "Reducing logistics costs and improving logistics efficiency is the mission of autonomous driving technology in the logistics industry".

The stake increased from 47% to 51% in Cainiao, which is the logistics affiliate of Alibaba.

The agreement, announced on Tuesday, will see Cainiao and ZTO deepen their collaboration in the transformation of China's logistics industry, Alibaba said in a press release. Sensors will be installed across Wuxi Future Park-such as inside manhole covers-and through a low range, low power wireless network complement monitoring needs, reporting water, electricity, temperature and humidity conditions in real-time and automatically report abnormalities so that property managers can swiftly respond.

Compared with other general driverless solutions, this formation-based operation only requires the head vehicle to be equipped with driverless technology, while the follow-up vehicles are simply equipped with basic radar and communication tools.

ZTO is a fast-growing express delivery company in China.

Cainiao has established a smart logistics network covering 224 countries and regions since the company was set up five years ago.

The network mainly aims to push 24-hour delivery across China and push logistics costs down to less than 5% of China's gross domestic product from around 15% at present, and thereby increasing profit margins for the manufacturing industry and logistics sector.

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