China Smart Logistic Network (CSN) was launched by Alibaba jointly with eight other companies on 28 May 2013. Alibaba Group launches China Smart Logistics Network. CSN aims at building a logistic platform to accelerate e-commerce deliveries in China by investing about 100 billion yuan ($16 billion) in the next few years. It promises to allow parcel deliveries between 2,000 of China's major cities within 24 hours. Currently, 25 million parcels are delivered each day in China.