$BABA Cainiao to Help Merchants Save RMB1 Billion in Logistics Alibaba’s logistics arm Cainiao on Thursday said it would lower logistics costs for merchants by RMB1 billion in the coming year as a part of Alibaba’s Spring Thunder Initiative to support SMEs. This includes offering transportation at cheaper rates and cutting logistics fees for orders processed in bonded warehouses by 15%. Cainiao said it will also continue offering free bonded warehouse storage services until June and waive warehouse rental prices in cities including Fuzhou, Chongqing, Zhengzhou and Yiwu.