This shipping company may become Amazon Prime's rival

Cainiao is an Alibaba subsidiary logistics company that plans to take any product anywhere in the world in 72 hours and for three dollars a month (approximately 60 Mexican pesos).
This shipping company may become Amazon Prime's rival
Image credit: Depositphotos.com

Grow Your Business, Not Your Inbox

Stay informed and join our daily newsletter now!
Entrepreneur Staff
2 min read
This article was translated from our Spanish edition using AI technologies. Errors may exist due to this process.

Cainiao is an Alibaba subsidiary logistics company that plans to take any product anywhere in the world in 72 hours and for three dollars a month (approximately 60 Mexican pesos), according to a report by The Wall Street Journal .

This company that handles AliExpress deliveries may become a direct competitor to Amazon Prime . It was founded in 2013 and is committed to the use of technology as automatons for its deliveries and processes.

Amazon has achieved fast deliveries thanks to its investment in logistics. The company founded by Jeff Bezos has 40,000 trucks on 75 planes in the more than 20 countries where it operates.

For its part, Cainiao has alliances with more than 3,000 logistics companies and seeks to achieve the milestone of fast deliveries through them. Also, the price of the AliExpress subscription would be a little lower than what Amazon Prime costs, at least in a European market.

Alibaba's affiliate ecommerce firm is still expected to announce the launch date of this subscription.

More from Entrepreneur
Entrepreneur Select: A Fund For Entrepreneurs, By Entrepreneurs

Entrepreneurs require more than just money, which is why we aim to empower you, as well as act as a catalyst for value creation.

Entrepreneur Insider members enjoy exclusive access to business resources for just $5/mo:
  • Premium articles, videos, and webinars
  • An ad-free experience
  • A weekly newsletter
  • A 1-year Entrepreneur magazine subscription delivered directly to you
Whether you want to learn something new, be more productive, or make more money, the Entrepreneur Store has something for everyone:
  • Software
  • Gadgets
  • Online Courses
  • Travel Essentials
  • Housewares
  • Fitness & Health Devices
  • And More

Latest on Entrepreneur