Sagawa Express sets up nationwide delivery joint venture in China
Japan’s parcel delivery company Sagawa Express Co Ltd said it has set up the first nationwide distribution firm in China with local partner China Poly Group Corp. Poly-Sagawa Logistics Co Ltd, a 50-50 joint venture, was established in Shenzhen in June with USD10.8 million in capital and aims to start operations in September, having already received government approval, the companies said.
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