Supply chain robotics company Cainiao has installed 700 robots at China’s largest robot-run warehouse to process orders on Singles Day, according to a report on CNBC.
The warehouse, located in Wuxi, near Shanghai, is owned by e-commerce giant Alibaba, which is also majority-owner of Cainiao, and Singles Day is said to generate more than $25 billion in sales.
CNBC reports that last year, on Singles Day – November 11, Cainiao processed over 800 million packages, and this year, Alibaba expects that figure to surpass 1 billion. [Read more…] about Alibaba and Cainiao open China’s ‘largest’ robot-operated warehouse
