Alibaba (BABA) Soars 3.07% on Cainiao's Green Channel Launch
1min read On April 22, 2025, Baba rose 3.07% in pre-market trading, indicating a positive start to the day's trading session.
Alibaba's subsidiary, Cainiao, has launched a cross-border "green channel" service, leveraging its global network of over 40 overseas warehouses. This initiative aims to facilitate seamless cross-border logistics, offering benefits such as worry-free transfers, one-click dispatch, and intelligent forecasting. The service is particularly advantageous for key product categories like large home appliances, 3D printers, and automotive parts, providing VIP pricing and a 60-day rent-free period. In markets like Mexico and Vietnam, Cainiao offers local warehousing and international freight services, supporting merchants with import and export services centered around Southeast Asia. Additionally, qualified freight can enjoy priority shipping, priority warehousing, and 48-hour rapid listing benefits.
Alibaba's innovation in medical AI has reached a significant milestone with the FDA's recognition of its DAMO PANDA model as a "breakthrough medical device." This AI model, developed by Alibaba's DAMO Academy, is designed for early detection of pancreatic cancer, a disease with a high mortality rate due to its low early detection rate. The model has shown high sensitivity and specificity, making it a valuable tool for early screening and diagnosis. This achievement not only highlights Alibaba's advancements in medical technology but also positions the company as a leader in AI-driven healthcare solutions.
