JTA NEWS
24 February 2020 - 30 Shevat 5780 - ל' שבט ה' אלפים תש"פ
JTA NEWS :
Alibaba’s Singles Day gearing up in Israel E-mail

Chinese e-commerce giant Alibaba Group Holding is setting up a direct shipping route to Israel to speed up delivery times from AliExpress ahead of November’s Singles Day.

Alibaba’s Singles Day, akin to Black Friday in the western world, last year recorded a whopping US$31 billion in sales worldwide – a 27% increase from the previous year.

Despite Israel’s relatively small population, Alibaba lists it among AliExpress’ ten hottest markets, and Israeli shoppers came in fourth in the site’s list of global transactions during last year’s Singles Day sales.

Alibaba subsidiary Cainiao Smart Logistics Network will be responsible for directly shipping orders from China to Israel, where state-owned Israel Postal Company will deliver the packages to customers within two days after receiving them.

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