DP World completes Cargo Services acquisition
DP World has completed its acquisition of Hong Kong-headquartered freight forwarder Cargo Services Far East ...
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
DSV: STAR OF THE WEEKDSV: FLAWLESS EXECUTIONKNIN: ANOTHER LOWWTC: TAKING PROFITMAERSK: HAMMEREDZIM: PAINFUL END OF STRIKE STLA: PAYOUT RISKAMZN: GOING NOWHEREAMZN: SEASONAL PEAK PREPARATIONSJBHT: LVL PARTNERSHIPHD: MACRO READING AND DISCONNECTSTLA: 'FALLING LEAVES'STLA: THE STEEP DROP
China’s answer to Amazon has a huge investment programme under way to take advantage of the country’s rapidly growing online retail industry. Key to unlocking China’s tremendous consumer potential is securing extended delivery supply chains to the interior. Alibaba has a $16bn investment programme– a large part of which will be funded by a forthcoming IPO that will see it build a network of distribution centres through which Chinese retailers can sell and deliver their products. Senior Alibaba executives are projecting a threefold increase in transactions over the next three years alone, which would mean it overtaking Wal-Mart as the world’s largest retailer.
Comment on this article