Alibaba Group Holding’s logistics arm, Cainiao, has expanded its parcel delivery service to eight African countries – including Morocco, Ghana and Nigeria – as it races to give Chinese e-commerce merchants a cheaper, more reliable way to reach the fast-growing continent. The company planned to extend the service to South Africa and Egypt by the end of December, Cainiao said in a statement over the weekend. Alibaba owns the South China Morning Post. Cainiao said underdeveloped logistics… Source link India Avaada to invest Rs 1 lakh cr in 5… Top 5 equity mutual funds deliver… CISF revises posting policy…