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The current revenue for Cainiao is . How much funding has Cainiao raised over time? Cainiao has raised $2.12B. Who are Cainiao’s investors? Princeville Capital, Alibaba Capital Partners, GIC (Singapore), Khazanah Nasional, and Primavera Capital Group are 5 of 14 investors who have invested in Cainiao. Who are Cainiao’s competitors?
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In 2024, Cainiao's single-quarter revenue in January-March was RMB 24.557 billion, up 30 per cent year-on-year, and FY2024 revenue grew 28 per cent year-on-year to RMB 99.02 billion. Thanks to the strong support of globalised network and the expansion of leading position in cross-border E-commerce logistics, Cainiao continued to grow strongly.
Feb 26, 2024 · For perspective, Cainiao's revenue grew by 27% in the first nine months of the fiscal year ending March 31, 2023, far ahead of Alibaba's groupwide revenue growth rate of 9%.
Aug 15, 2024 · Alibaba Group's logistics service subsidiary Cainiao generated around 99 billion yuan in the fiscal year 2024. In 2023, Cainiao was listed as one of the five most valuable unicorns in China.
Feb 27, 2023 · Cainiao Network, the logistics arm of Alibaba Group Holding Limited, has announced its financial results for the quarter ended 31 December 2022. In the quarter ended December 31, 2022, revenue from Cainiao, before inter-segment elimination, grew 17% year-over-year to RMB23,023 million (US$3,338 million).
Nov 21, 2022 · Cainiao Network, the logistics arm of Alibaba Group, posted a 26% year-on-year growth in revenue to $2.57b (RMB18.28b) in the second quarter of the financial year 2023 ending on 30 September. In a statement, Cainiao said 73% of its revenue, before inter-segment elimination, was generated from external customers.
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Feb 28, 2023 · Cainiao Network has released its financial results for the quarter that ended December 31, 2022, revealing that its revenue grew 27% year-on-year to RMB16.553bn (US$2.4bn) in 2022. The growth was reportedly fueled by the revenue from the company’s international fulfillment services and upgraded domestic consumer logistics services.
