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DHL eCommerce enters Saudi Arabian market by acquiring equity stake in parcel logistics company AJEX...
25 Feb, 2025 07:21 263 min read
DHL eCommerce and AJEX Logistics Services have agreed to acquire a minority stake in Saudi Arabian parcel logistics company AJEX, marking DHL's expansion into the growing e-commerce parcel market. AJEX, established in 2021, offers domestic parcel processing and delivery through over 50 facilities and 900 vehicles. The deal is contingent on regulatory approvals.... More