From Nasdaq: 2024-04-18 11:20:00

Alibaba launches Logistics Marketplace for SMEs in the U.S., offering buyers access to pre-vetted logistics service providers, reshaping supply chain strategies. Cainiao expands consolidated shipping service to the U.S., with plans for a new express delivery service. Plus, Alibaba to invest $1.1 billion in South Korea for logistics center.

However, Alibaba faces tough competition from Amazon and JD.com in the logistics market. Amazon offers end-to-end supply chain service and ground shipping. JD Logistics expands international express delivery services across China and Europe, partnering with Geopost for comprehensive shipping solutions.

With a Zacks Rank #4, Alibaba competes with The Gap, a Zacks Rank #1 stock. The Gap shows 2.8% growth YTD with a 12% long-term earnings growth rate. Explore Zacks #1 Rank stocks for potential investment opportunities. Additionally, learn about top semiconductor stock picks for growth amid rising demand for AI, ML, and IoT.

Alibaba’s latest logistics innovations provide solutions for SMEs to expand globally. Competition remains fierce from Amazon and JD.com, impacting stock performance. Consider investing in promising sectors like retail-wholesale, which shows growth potential. Stay informed about top stock picks for long-term investment opportunities.



Read more at Nasdaq: Alibaba (BABA) Aids U.S. Businesses With Logistics Marketplace