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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Rovenma

Since 2016, Rovlocker systems have been operating successfully 24/7 across different regions of the world and under diverse climate conditions. Rovenma has been successfully deploying parcel locker networks for major operators including The Courier Guy in South Africa, Trendyol, Pudo, and PTT in Türkiye, as […]

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Post & Parcel Magazine


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