Cainiao and DHL signed an agreement to jointly invest 60 million euros in the first phase to continue to build local logistics infrastructure in Poland

Cainiao and Deutsche Post DHL Group (hereinafter referred to as D HL ) announced that D HL will acquire part of the equity of Cainiao's Polish subsidiary. The two parties plan to jointly invest 60 million euros in the first phase to continue to build a local distribution network and further expand the coverage of the smart self-pickup network , aiming to build the largest self-pickup network in Poland.

Cainiao Chief Strategy Officer and General Manager of Europe and Southeast Asia Xiong Wei and DHL e-Commerce Solutions CEO Pablo Ciano signed the contract.

Poland is one of the fastest growing e-commerce markets in Europe. According to D HL data, the size of Poland's e-commerce market is expected to double by 2027 , and 40% of consumers prefer to use self-collection cabinets to pick up packages. In recent years, Cainiao has been accelerating its logistics layout in Europe. For example, Cainiao has previously opened a distribution center in Warsaw, Poland, and has initially formed an overall logistics infrastructure in Northeast Europe. The distribution centers can work together to achieve sorting , packaging and transit, and finally deliver to consumers through terminal home delivery and self-collection outlets , further optimizing logistics timeliness .

" While Cainiao continues to tap the potential of the European e-commerce market, it is committed to deepening cooperation with local partners and contributing to the construction of a sustainable logistics ecosystem. We are very pleased to see a strong partner like D HL who shares our vision. By combining the experience accumulated by both parties in logistics technology and e-commerce services, we are committed to providing customers with more competitive logistics products and providing leading logistics services and consumer experiences. " said Xiong Wei, Cainiao Chief Strategy Officer and General Manager of Europe and Southeast Asia.

As the first step of the cooperation, Cainiao and D HL will merge their existing self-collection cabinet networks in Poland and jointly operate the existing 1,200 self-collection cabinets. At the same time, based on D HL's existing self-collection points in Poland, the two parties plan to continue to expand the self-collection cabinet point network and lay convenient and easy-to-use intelligent self-collection cabinets at key locations. The ultimate goal of both parties is to build a leading self-collection network in Poland and further upgrade the first and last kilometer logistics services. Currently, DHL has covered more than 90,000 self-collection points in Europe.

" By joining forces with Cainiao, we will build a large-scale network of high-quality self-pickup cabinets, further strengthen D HL 's position as a reliable parcel delivery service provider, complement the existing door-to-door services, and provide consumers with a better logistics experience. " said Pablo Ciano, CEO of DHL E-Commerce Solutions .

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