USPS to Help Alibaba Get Goods to American Consumers
The US Postal Service will help get Alibaba merchandise into the hands of US consumers more quickly. The agency signed a Memorandum of Understanding with Alibaba's logistics firm Cainiao to work together to develop new international shipping solutions and enhance the logistics-service experience for sellers and buyers.
Alibaba said the global B2C cross-border e-commerce market is expected to grow from $230 billion in 2014 to $1 trillion in 2020, citing research from Accenture and AliResearch,
Cainiao (formerly known as China Smart Logistics) and the USPS agreed to work together to speed delivery of merchandise sold through AliExpress to consumers in the United States. The USPS will also collaborate with Cainiao to help expand the latter's delivery networks worldwide, especially in South America.