Founded in 2013, Cainiao Logistics is the logistics arm of Alibaba Group, providing warehousing and parcel tracking services. It operates a logistics data platform that offers real-time access to information and delivers shipments within China in 24 hours and globally in 72 hours. The company aims to reduce total logistics costs and eliminate bottlenecks in the online and mobile commerce sector. Some of its popular portfolio startups include BEST Logistics Technology, GoGoVan, and Dianwoda.