Southeast Asia has emerged as the top destination for Chinese sellers seeking to expand their businesses overseas. In response, Cainiao has carried out a comprehensive upgrade of its cross-border logistics product portfolio in the region, introducing a 'Standard Express' service for small packages shipped directly from China to multiple countries. This upgrade has led to reduced delivery times in certain countries, with shipping costs around 20% lower than the industry average. Additionally, the upgrade brings tailored services for Vietnam and Thailand, boasting an impressive successful delivery rate of up to 95%, thereby further strengthening the logistics product system. This enhancement works in tandem with the overseas warehouse network of the Asia-Pacific supply chain, providing merchants with a wider array of options. Cainiao's cross-border parcel network already spans over 200 countries and regions globally, offering a diverse array of products to cater to the distinct needs of various customers.
