Amazon to buy major French parcel-delivery service, as retailer expands in logistics

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By Alex Lennane

26/02/2016

La Poste is unhappy. A major customer is about to sign a deal to acquire a competitor – a move which could leave the French postal service seeing diminishing revenues. An article in Le Monde has confirmed something the market believed already: that Amazon would increase its stake in parcel delivery company Colis Privé. It acquired 25% in 2014, and accrording to this article is now on the way to 100% ownership.

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