Alibaba Group and China Post are planning a joint smart logistics network in small cities and rural areas.
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Alibaba founder and chairman Jack Ma and China Post's general manager Li Guohua signed a deal on Thursday to deliver online purchases anywhere in China within 24 hours.
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The two companies will share warehouses, processing centers and delivery resources.
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Alibaba hopes to extend its reach to third and fourth tier cities and even the countryside with the help of China Post's offices in rural areas.
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The two parties are also considering international deliveries through China Post's global logistics network.Â