On February 28, Alibaba International announced a strategic partnership with global shipping giant Maersk to enhance the shipping experience for small and medium-sized enterprises (SMEs). The collaboration aims to streamline the e-commerce logistics process and reduce shipping costs by 10%.
The first batch of jointly developed shipping routes is already live, providing simplified processes and more efficient operations for businesses involved in international trade. Alibaba International has stated that it plans to expand this initiative, working with additional partners to roll out more routes and cover a broader range of global markets.