South Korean parcel delivery company CJ Logistics has bought a 50% stake in India’s Darcl Logistics for around $50.6m. The deal would give CJ Logistics a bridgehead into the Indian logistics market and broaden its Asian network.
CJ Logistics has already been expanding its presence in the region with new ventures in the Philippines and Malaysia.
Landmark Global is a cross-border e-commerce logistics specialist founded in 2004 and part of Bnode (formerly bpostgroup), a European logistics group with over 200 years of history. It helps online retailers of all sizes, from mid-sized and growing brands to large enterprises, ship parcels to […]
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