Deutsche Post committed to financial services

The management of Deutsche Post, the German postal service operator, has stressed that financial services will remain a core area of business following the company’s stock market flotation, planned for the autumn of the coming year. The company intends to retain its majority stake in Deutsche Postbank, its banking subsidiary, for some years following the IPO.

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Escher powers the world’s first and last mile deliveries, helping Posts connect nearly 1 billion consumers with global ecommerce networks. Postal operators rely on Escher to deliver an enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics. […]

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