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Alibaba Group and Israeli shipper Zim partner on sea freight

Reuters Jerusalem | Updated on October 19, 2020 Published on October 19, 2020

Zim said it will provide sea freight and services through a direct interface with the e-commerce giant’s logistics platform

Alibaba Group Holdings and Israeli shipping group Zim have entered a strategic cooperation agreement for the direct purchase of sea freight, which will improve logistic services to merchants selling on Alibaba, Zim said on Monday.

Zim said it will provide sea freight and services through a direct interface with the e-commerce giant’s logistics platform.

Also read: Alibaba to take control of grocer Sun Art for $36 bn

The companies have been cooperating since earlier this year, the shipper said in a statement.

Zim is 32 per cent owned by Kenon Holdings.

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Published on October 19, 2020
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