Postal Savings Bank of China reportedly selling stake ahead of IPO
Postal Savings Bank of China (PSBC) is reportedly looking to complete a $8bn deal with a group of private investors ahead of its IPO next year.
Read MoreAuthor: Ian Taylor
Stamps.com set to complete Endicia acquisition
Stamps.com has announced that it expects to close its acquisition of Endicia this month.
Read MoreMumbai-based on-demand courier startup Sendd closes seed round of funding
The Mumbai-based on-demand courier startup company Sendd has announced that it has closed its seed round of funding.
Read MoreBlack Friday deals may not be enough to win over shoppers who’ve had bad delivery experiences
Around 50% of the US-based consumers taking part in the JDA Software 2015 Consumer Survey indicated that they will be unforgiving of retailers who provide less than satisfactory online home delivery experiences, landing some businesses on the “do not shop, naughty list” this holiday season.
Read MoreAlibaba reportedly mulling over investment in Boxed
Alibaba is said to be in talks about making an investment in the US-based grocery delivery smart phone app provider Boxed.
Read MoreAmazon launches Prime Now in Italy
Amazon has launched its Prime Now delivery service in Italy.
Read MoreFedEx starts operations at new distribution centre in Virginia
FedEx Ground has started operations at a new 175,000-square-foot distribution centre in Manassas, Virginia, according to local reports.
Read MoreUSPS expects to handle more than 15bn pieces of holiday mail and packages
The US Postal Service (USPS) expects to deliver about 15.5 billion cards, letters, flats, and packages during the 2015 holiday season.
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