Hive Box’s Withdraw Has Benefitted Cainiao
Hive Box (丰巢) will charge clients fees if clients store things over 12 hours. On the contrary, Cainiao and JD have started canceling the storage fees. Hence, more and more customers are flowing to Cainiao and JD.
Although Hive Box still accounts for a large position in the market, Cainiao is keeping perfecting its businesses, further threatening Hive Box.
This text is a result of machine translation.
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