Source of Data: Yahoo Finance Wed, June 2, 2021, 9:00 AM · 3 min read This is a major milestone for Cainiao as it extends logistics services to all non-Alibaba merchants Cainiao will support KOSME's logistics subsidy program that has facilitated over 3.7 million online exports for SMEs in 2020 Eligible SMEs will receive up to 15 million won in logistics subsidies per company SEOUL, South Korea , June 2, 2021 /PRNewswire/ -- Cainiao Smart Logistics Network, ("Cainiao Network"), the logistics arm of Alibaba Group Holding Limited, today announced it has entered a partnership MOU agreement with Korea SMEs and Startups Agency (KOSME) to officially serve as the logistics partner for SME export business in South Korea . The MOU aims to promote bilateral trade, and foster multi-faceted collaboration to spearhead the expansion and development of e-Commerce industry between South Korea and China . This is a major milestone for Caini...
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