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ALIBABA’S logistics arm Cainiao Network yesterday launched its first e-commerce industry park in Jinhua City in Zhejiang Province to offer one-stop financial, logistics and e-commerce operations for online vendors.
Cainiao said it aims to combine its resouces and other capabilities within the Alibaba Group to help small vendors to operate online businesses effectively.
Jinhua boasts more than 200,000 small and medium-sized merchants and over 46,000 online vendors.
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