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 ...
DHL
By Alex Lennane
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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