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Alibaba Invests in Zelostech to Power Up Smart Logistics and Self-Driving Deliveries in China

Alibaba's logistics arm just invested in Zelostech, a Chinese company specializing in self-driving delivery vehicles. This move is all about boosting smart logistics and autonomous driving in China, helping Alibaba speed up parcel deliveries with cool "robovans" and electric vehicles.

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Alibaba Invests in Zelostech to Power Up Smart Logistics and Self-Driving Deliveries in China

Alibaba Group's logistics arm just announced an agreement to acquire a stake in Zelostech, a Chinese company that specializes in developing self-driving trucks and robots for delivery and logistics. This move really shows Alibaba's commitment to quickly adopting smart technologies across its supply chains. This deal is part of Alibaba's bigger strategy to rely more on autonomous driving and AI solutions. The goal? To cut down on operating costs, make deliveries super efficient, and speed up transportation within cities and industrial zones, especially with the continuous growth of e-commerce and digital services in the Chinese market.

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