Chinese e-commerce giant Alibaba Group Holding Ltd. (NYSE: BABA) is considering the feasibility of using rockets to deliver parcels across the globe with extremely quick turnarounds. The company has partnered with Space Epoch, a startup rocket provider based in Beijing, to test out the unconventional delivery service.

Dubbed XYZ-1, Alibaba’s delivery rocket would be able to carry up to 10 tons in cargo and would feature around 120 square meters of…

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