Tag: Retailing

Lufthansa, Deutsche Post form Web purchasing venture

Lufthansa AG and Deutsche Post AG, Germany’s state-controlled postal service, have formed a joint venture for online purchasing. The venture, called Trimondo GmbH, will create an Internet marketing Web site to obtain supplies in Europe. More than 100 companies will use the site to market over 2 million items, ranging from tools to computer accessories, according to a Bloomberg report.

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High-Tech Group: US Postal Service Should Stick To Mail

A high-tech and telecom industry group today took a swipe at the U.S. Postal Service for its attempts to compete with “fledgling e-commerce” companies while enjoying privileged governmental status. “We do not see any reason for a government agency to be competing against private firms in the vibrant, competitive world of e-commerce, and wonder how much money will they have to lose on these undertakings before they decide to stick to their core mission of delivering the mail,” said Ed Black, the Computer & Communications Industry Association’s president and CEO

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