The collaboration will commence soon and will leverage a rocket offering 120 square meters of cargo space. It can transport up to 10 tonnes, enabling it to carry large items such as cars or small lorries, SCMP reports. In addition to this venture, Alibaba has been advancing its logistics capabilities to compete domestically and internationally. Recently, it expanded its "five-day delivery" service to the United States through its AliExpress platform, facilitated by its logistics arm, Cainiao Smart Logistics Network. Cainiao has broadened this service to several other countries and plans to increase its employees' year-end bonuses to boost morale following the cancellation of its IPO. Analysts continue to note Alibaba as an attractive turnaround story, seeking more signs of macroeconomic recovery in China. The stock lost 26% in the last 12 months.