Online retailer ASOS has called time on its Chinese venture. The company set up its Chinese venture in late 2013, but it has reportedly struggled to take market share from competitors such as Alibaba.
According to local reports, the company will close its Chinese distribution centre and office.
Chief Executive Officer Nick Beighton told Bloomberg: “We’ve just not made the headway that we had hoped for. The Chinese market is unlike any other we operate in.”
KEBA, headquartered in Linz (Austria) and operating globally, is a leading provider of industrial, handover, and energy automation solutions. With around 2,000 employees, KEBA develops and manufactures innovative systems such as control and drive technology, ATMs, parcel locker and transfer solutions, e-charging stations, and heating […]
Find out moreWant to get your brand in front of our senior audience of post and parcel executives?
Find out more
Post & Parcel Magazine is our print publication, released 3 times a year. Packed with original content and thought-provoking features, Post & Parcel Magazine is a must-read for those who want the inside track on the industry.
