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Thematic (Sector/Industry)

Saudi arabia Air freight and logistics / Thematic (Sector/Industry)

<ul><li>As Chinese e-commerce companies expand into global markets, China-backed logistics providers are following suit, with the Middle East emerging as a focus due to its strong consumer spending power.</li><li>IMile Delivery LLC, a logistics company founded in Dubai in 2017 by Huang Zhen, a former Huawei and Alibaba Cloud executive, is a prime example.</li><li>Although a local company, iMile’s founder and main clients are Chinese.</li></ul>

As Chinese e-commerce companies expand into global markets, China-backed logistics providers are following suit, with the Middle East emerging as a focus due to its strong consumer spending power.IMile Delivery LLC, a logistics company founded in Dubai in 2017 by Huang Zhen, a former Huawei and Alibaba Cloud executive, is a prime example.Although a local company, iMile’s founder and main clients are Chinese.

Cainiao Smart Logistics Network (1437124D HK)

Chinese Couriers Ride the E-Commerce Boom for Middle East Expansion 