Alibaba Group Holding Ltd., China's largest e-commerce company, plans to join with partners to build a logistics network across China that can support 10tr Yuan ($1.6tr) worth of transactions a year within the next decade.
Analyst Insight: The rapid growth of internet retailing is creating serious challenges for supporting retail and wholesale distribution operations. The good news is that growth rates for e-commerce are significantly exceeding expectations for most companies. The bad news is that there are some very stressed distribution operations behind the scenes that are having difficulty keeping up with sales. - Marc Wulfraat, president, MWPVL International Inc.