On Saturday 10 April Alibaba, the Chinese e-commerce giant, was fined 18 billion yuan ($2.75 billion) by the State Administration for Market Regulation (SAMR) of the People’s Republic of China.Read More
Pickup, Groupe La Poste’s parcel shop network, is adding to its delivery solutions by offering to install connected parcel boxes in private houses and apartment buildings.Read More
Deutsche Post DHL Group has released preliminary results for the first quarter of 2021 and has raised the outlook for the current financial year. The positive development of the group’s businesses seen in the fourth quarter 2020 has continued well through the first quarter 2021.Read More
Glovo has announced that it has raised €450 million ($530 million) in its Series F funding round led by New York-based investment managers Lugard Road Capital and the Luxor Capital Group.Read More
UPS, together with its UPS Flight Forward subsidiary, plans to purchase electric Vertical Takeoff and Landing (eVTOL) aircraft from Beta Technologies (BETA).Read More
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