rookie global cross-border electricity logistics advantage to expand
internal Cainiao's global cross-border e-commerce logistics advantages are expanding again Alibaba Group has released its financial results for the third quarter of fiscal 2024 ended December 31,2023. Terminal Block 2 Pin, Safety Reflectors and D Sub Connectors should be noted. Among them, Cainiao Group's revenue for the quarter was 28.476 billion yuan, up 24% year on year. According to the above financial report, cross-border logistics is still a strong growth driver for Cainiao. In this quarter, Cainiao's "global 5 th" international express delivery capacity covered two countries to 10 countries, achieving a strong triple-digit sequential growth in orders. Benefiting from economies of scale and cost optimization brought by refined operation in the trunk line and the last kilometer distribution, Cainiao adjusted EBITA was 961 million yuan in this quarter, and its profitability continued to strengthen. The relevant person in charge of Cainiao said that the current cross-border e-commerce advances in the global market with different modes, and platforms, brands and sellers usher in the era of comprehensive competition. Logistics performance is crucial for them to establish differentiated competitive advantages and improve delivery and service experience. 逐句对照 internal Cainiao's global cross-border e-commerce logistics advantages are expanding again Alibaba Group has released its financial results for the third quarter of fiscal 2024 ended December 31,2023. Among them, Cainiao Group's revenue for the quarter was 28.476 billion yuan, up 24% year on year. According to the above financial report, cross-border logistics is still a strong growth driver for Cainiao. In this quarter, Cainiao's "global 5 th" international express delivery capacity covered two countries to 10 countries, achieving a strong triple-digit sequential growth in orders. Benefiting from economies of scale and cost optimization brought by refined operation in the trunk line and the last kilometer distribution, Cainiao adjusted EBITA was 961 million yuan in this quarter, and its profitability continued to strengthen. The relevant person in charge of Cainiao said that the current cross-border e-commerce advances in the global market with different modes, and platforms, brands and sellers usher in the era of comprehensive competition. Logistics performance is crucial for them to establish differentiated competitive advantages and improve delivery and service experience.