Cainiao Smart Logistics Network Limited, formerly known as China Smart Logistics Network, is a Chinese logistics company launched by Alibaba Group, jointly with eight other companies, on 28 May 2013.[1] On March 26, 2024, Alibaba, which holds approximately 64% of Cainiao's shares, said it would acquire the remaining 36% of Cainiao's shares.[2] As of May 2018, Cainiao was one of the largest unicorn companies in China, valued at 100 billion yuan.[3][4]
Cainiao ensures delivery within 24 hours to any region of China. The company also shares resources with other logistics companies.[5]