DHL makes €500m bid to increase its presence in 'fast-growing Gulf markets'
DHL Group has announced investments of more than €500m ($571,6m) in “high growth” Middle East ...
MAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
MAERSK: MOST DEFENSIVE AFTER NEW TARIFF THREATS TSLA: MERGER TALKDHL: HUNTINGDSV: FX RISK ON THE RADAREXPD: LOOKING AHEADPLD: DOWNSIDE RISKKNIN: TOP SCHENKER EXEC INR: STUNNING PAYOUT RISE AND NEW RECORDXOM: DISPOSALS AMID EARNINGS PRESSUREDHL: JOINING THE BEAR CAMP DSV: LOOKING FOR DIRECTIONUPS: TURNING MORE BULLISHCHRW: TRIMMING AHEAD OF EARNINGS
It’s a rare day that a company like DHL decides to bow out of the e-commerce business, but that is exactly what it has done in Chile, after just a year. It will close the division in April, although its other parcel delivery businesses will remain. Local media cite stiff competition as the reason behind the closure, while Amazon is also starting to look at investing in the country and Argentina.
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