Suning Commerce to buy Tiantian Express

Suning Commerce to buy Tiantian Express

Retailer Suning Commerce plans to buy Hangzhou-based Tiantian Express in a deal worth around 4.25bn yuan ($612m). According to the China Daily, Jiangsu Suning Logistics Co Ltd (Suning’s logistics affiliate) agreed on 30 December to buy initially 70% of Tiantian Express for 2.975bn yuan, and to buy the remaining 30% of the company for 1.275bn yuan within the next 12 months.

 

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METTLER TOLEDO

METTLER TOLEDO is a globally recognized leader in precision instruments and services for a variety of industries, including the post and parcel sector. With a rich history dating back to 1945, the company has built a strong reputation for innovation, reliability, and exceptional customer service. […]

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