US$ 1.5 billion investment in a joint-venture logistics center at Hong Kong International Airport (HKIA), and YTO Express Group is a jv partner.In associated news,
on 4 July France-based Bolloré Group and Alibaba Group signed a MoU to comply on a variety of companies, including logistics. Inning accordance with a joint declaration,”Bolloré Logistics and Cainiao Smart Logistics Network consented to collaborate on identifying cooperation opportunities with their particular logistics capabilities, hubs, and networks, in Asia, the Middle East, Africa, and Europe.”As Cainiao adds international hubs,
it can be expected that air cargo capability will increase in parallel. One choice is to include capacity through YTO Cargo Airlines. Like a number of Cainiao’s recent MoUs however, information are still upcoming.
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