The Traderszone Network

Published in TZ Latest News 11 May, 2014 by The TZ Newswire Staff

As China e-commerce basks in Alibaba IPO glow, ageing warehouses lure global investors

Alibaba Group Holding Ltd’s plans for a giant initial public offering in New York highlight vast potential for e-commerce in China – and the weak link the logistics industry must fix if explosive growth projections are to be reached. The ageing warehouses that supply goods to customers across the world’s second-largest economy are already creaking under the strain, lacking the automation and state-of-the-art technology that has fuelled the rise in the United States and Europe of Inc.

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