Hamburg-based retail and logistics services provider Hermes has reported a 7% increase in revenues for the financial year 2014/15 and is focusing on new opportunities in the e-commerce marketplace.
Read MoreOfficial statistics show that China’s express delivery market is “booming”, driven by the growth in online retail.
Read MoreUBS, Temasek Holdings and BNP Paribas are among the preliminary bidders to buy up to a 10% stake in Postal Savings Bank of China (PSBC) for at least $3 billion, according to a report published by Reuters today.
Read MoreChina’s JD.com has launched its new cross-border e-commerce platform, JD Worldwide, which market observers have described as a direct challenge to Alibaba Group’s Tmall Global Service.
Read MoreDHL plans to raise its profile in the e-commerce sector by expanding its MeinPaket.de and Allyouneed.com shopping portals, which are already established in Germany, to other European markets.
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