Cainiao's Wan Sees Post-Pandemic Recovery

The transcript discusses the significant growth in parcel demand, with a 30% increase expected this year. The impact of COVID-19 on logistics is highlighted, including disruptions in supply chains and the acceleration of digitization. The company has expanded freight routes globally, focusing on building a robust infrastructure. Priority markets include Russia, Europe, Southeast Asia, North America, and the Middle East. Despite US-China tensions, business continues to grow. The company is also investing in technology, particularly in AI and autonomous driving.

What was the expected growth rate in parcel delivery for the current year?

• 30%

• 20%

• 50%

• 40%

How did the pandemic affect the logistics industry?

• Expansion of retail stores

• Increased demand for luxury goods

• Disruption in supply chains due to movement restrictions

• Decrease in online shopping

What role did chartered flights play during the pandemic?

• They were used for passenger transport

• They were doubled to support logistics

• They were grounded due to safety concerns

• They were reduced to save costs

Which regions are prioritized for international expansion?

• Russia and Europe

• Australia and New Zealand

• Central Asia and the Arctic

• South America and Antarctica

In which technology sectors is the company looking to invest?

• Fashion and textiles

• AI and autonomous driving

• Renewable energy and biotechnology

• Pharmaceuticals and healthcare