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Founded Year



Corporate Minority | Alive

Total Raised


About Cainiao

Cainiao provides warehousing and parcel tracking services. The company operates a logistics data platform that offers access to information and delivers shipments to any city. It caters mainly to the online and mobile commerce sectors. The company was founded in 2013 and is based in Hangzhou, Zhejiang.

Headquarters Location

Hangzhou, Zhejiang , 311100,



ESPs containing Cainiao

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

Consumer & Retail / E-Commerce

The e-commerce fulfillment & logistics market offers last-mile shipping, logistics, and fulfillment solutions to e-commerce and omnichannel businesses. It involves the efficient management of inventory, order processing, picking, packing, and last-mile delivery. The market is driven by the rapid growth of e-commerce, with businesses striving to meet customer expectations for fast and reliable orde…

Cainiao named as Outperformer among 15 other companies, including Amazon, ShipBob, and Delhivery.


Research containing Cainiao

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Cainiao in 3 CB Insights research briefs, most recently on Apr 5, 2023.

Expert Collections containing Cainiao

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Cainiao is included in 1 Expert Collection, including Supply Chain & Logistics Tech.


Supply Chain & Logistics Tech

5,540 items

Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).

Cainiao Patents

Cainiao has filed 29 patents.

The 3 most popular patent topics include:

  • logistics
  • distribution (business)
  • robotics
patents chart

Application Date

Grant Date


Related Topics




Computing input devices, Motor scooters, Distribution (business), Aerodynamics, Pointing devices


Application Date


Grant Date



Related Topics

Computing input devices, Motor scooters, Distribution (business), Aerodynamics, Pointing devices



Latest Cainiao News

Alibaba ‘Not in a Hurry’ to Spin Off Logistics Unit

Feb 13, 2024

Alibaba Group is holding off the spinoff and initial public offering (IPO) of its logistics wing Cainiao, less than a year after the firm had anticipated the unit would command as much as $20 billion as a stand-alone business. According to chairman Joe Tsai in an earnings call Wednesday, current market conditions are “just not in a state where we believe we can really truly reflect the true intrinsic value” of the business. Tsai also noted that the spinoff of Alibaba Group’s supermarket business, Hema, also known as Freshippo, is put on hold for the same reasons. “Given the challenging market conditions, we’re not in a hurry on the timing of these transactions,” Tsai told analysts. Cainiao’s “smart logistics network,” as the China -based e-commerce giant calls it, covers a large swath of logistics across first-mile pickup, line haul, customs clearance, sortation and last-mile parcel delivery for merchants both in China and abroad. The company touts an on-time delivery rate of 98 percent, with the company saying it can track packages and analyze shipping trends in 224 counties and regions worldwide. Cainiao operates more than 100 warehouses and over 120 partners domestically. Related Stories According to Alibaba Group, Cainiao further expanded its premium five-day delivery service coverage, adding two more countries during the quarter. The order volume for the five-day service skyrocketed in the holiday quarter, which included the company’s lucrative 11.11 Global Shopping Festival hosted in November, achieving “robust triple-digit quarter-over-quarter growth.” The move represents another departure from Alibaba Group’s initial plan to split into six separate units. The company first decided in November to cancel the IPO of its cloud intelligence business, which saw subdued year-over-year growth of 3 percent to close 2023. With the pullback on the Cainiao and Hema spinoffs, the wider split appears to have evaporated, with the company seemingly feeling each unit may be better together than separate. “In the last few months, [ CEO Eddie Wu ] and his team have taken a very close look at our core business, and we’ve come to the conclusion that right now, focusing on generating synergies within the companies in our group will be the best way to reflect the value of the entire Alibaba Group,” said Tsai. Alibaba Group has formed special project teams to ensure synergy creation, according to Tsai, who said the firm believes prioritizing synergies to strengthen the core business is “the best value-maximizing path today.” “Having said that, we continue to explore value creation through separate financings of our business units,” said Tsai. For the fourth quarter, revenue from Cainiao grew 24 percent year-over-year to $4 billion, primarily driven by revenue from the unit’s cross-border fulfillment solutions. The division delivered outsized growth compared to Alibaba Group as a whole, which saw revenue increase 5 percent to $36.7 billion. Cainiao represents 11 percent of revenue across the Chinese tech titan. Despite the challenging market conditions in an era where a global freight recession still persists, earnings before interest and taxes totaled $135 million—a positive swing from the $1.7 million loss in the quarter to end 2022. According to Tsai, the increasing income reflected economies of scale that led to cost optimization and lower operating expenditures. But he indicated that spend in the branch would be kicking up in the coming quarters, namely increasing investments in cross-border logistics capabilities to support the growth of its recently launched “AE Choice” offering for e-commerce site AliExpress . AliExpress saw over 60 percent order growth in the quarter, which the company attributed to the AE Choice model, which made up half the online store’s orders. AE Choice offers a curated collection of thousands of products from the online retailer’s highest-rated and most-trusted sellers across categories such as consumer electronics, household goods, fashion, fitness, beauty, sports apparel and more. Choice products can offer free shipping, guaranteed 15-day delivery and free returns, and are considered for the program via several factors like product ratings, pricing, popularity, availability and timely delivery. In October, Cainiao filed to list its stock in Hong Kong, aiming to raise $1 billion. The next month, Cainiao submitted additional materials on its finances and assets to the China Securities Regulatory Commission (CSRC), which accepted the proposal. Under a spinoff, Alibaba Group would have remained a majority shareholder in Cainiao, holding over 50 percent of the company and retaining it as a subsidiary. The company currently owns nearly a 70 percent stake in Cainiao. Read More About

Cainiao Frequently Asked Questions (FAQ)

  • When was Cainiao founded?

    Cainiao was founded in 2013.

  • Where is Cainiao's headquarters?

    Cainiao's headquarters is located at Hangzhou.

  • What is Cainiao's latest funding round?

    Cainiao's latest funding round is Corporate Minority.

  • How much did Cainiao raise?

    Cainiao raised a total of $1.54B.

  • Who are the investors of Cainiao?

    Investors of Cainiao include DHL,, Primavera Capital Group, Khazanah Nasional Berhad, Temasek and 3 more.

  • Who are Cainiao's competitors?

    Competitors of Cainiao include Best and 5 more.


Compare Cainiao to Competitors


MightyFly provides logistics and supply chain services. It connects remote locations with heavy cargo aircraft, and customized aerial drone delivery services. The company builds logistics infrastructure to enable end-to-end autonomous delivery of goods, perishables, and medical supplies. It serves the medical, spare parts, mining, defense, and oil and gas industries. MightyFly was founded in 2019 and is based in San Francisco, California.

Ninja Van

Ninja Van offers delivery solutions for e-commerce companies. Its services include last-mile delivery, international deliveries, freight forwarding, fulfillment, and warehousing. The company was founded in 2014 and is based in Singapore, Singapore.

AAI Worldwide Logistics

AAI Worldwide Logistics is a leading independent provider of freight forwarding and logistics services. The company offers international and domestic air and ocean freight, warehousing and distribution, and project cargo services. AAI primarily serves the business-to-business sector, handling shipments for various industries. It is based in Philippines.

Lalamove Logo

Lalamove is an on-demand delivery technology company. The company on-demand and same-day delivery services. The company offers delivery services for couriers, on-demand products, and more. The company also offers delivery services for couriers, on-demand products, and more. It was founded in 2013 and is based in Hong Kong.

ShipBob Logo

ShipBob develops a technology-enabled third-party logistics (3PL) offering simple and fast e-commerce fulfillment for direct-to-consumer brands. It helps brands to ship orders to their customer's shops. It also offers order and inventory management, warehouse management, predictive data and analytics, and more. The company was founded in 2014 and is based in Chicago, Illinois.

MarketForce Logo

MarketForce provides a unified digital commerce marketplace. It offers an end-to-end platform that enables consumer brands to deliver essential goods and services to retailers and consumers. It also offers a buy now, pay later (BNPL) option to help merchants access fast-moving consumer goods (FMCGs) on credit. The company was founded in 2018 and is based in Nairobi, Kenya.


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