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COURIER SERVICE EXPANSION
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- From Rs 6 crore to Rs 350 crore: How a former Navy doctor built a supply chain enterpriseIndia's logistics sector is transforming as brands shift to e-commerce and quick commerce, demanding faster, more responsive supply chains....
- Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.
- In India, $1 housekeepers spark a consumer, worker frenzy despite safety risksSome Indian startups are offering house help for as little as $1 an hour, attracting thousands of women seeking work and consumers eager fo...
- From Checkout to Delivery: The infrastructure shift reshaping Indian e-commerceIndia's e-commerce success hinges on execution, not just sales. Shiprocket emerged by solving complex logistics challenges. It connected wa...
- Taking on Porter, Uber launches logistics service Courier XL for delivery of large goodsUber has launched Courier XL in Delhi NCR and Mumbai, enabling delivery of large goods up to 750kg using three- and four-wheelers. Aimed at...
- Trackon strengthens logistics network, to add over 750 new franchises in SouthTrackon is expanding its franchise network across South India including Tamil Nadu, Karnataka, Telangana, Andhra Pradesh and Kerala. This m...
- Shadowfax adds over 2000 cities, reaches 14K pincodes to enable e-commerce deliveries ahead of festive seasonThe ecommerce service provider is keen to expand its network and continue the momentum with the festive season round the corner.
- Cyber theft hits China’s money spinner courier industryCybercrime is a rapidly growing threat around the world, with China being particularly susceptible. In February, 4.5 billion pieces of pers...
- Amazon India strengthens back-end servicesThe world’s largest e-commerce marketplace will also expand its subscription-based Prime offering for Diwali sales in India in terms of exp...
- Amazon will now deliver packages to the trunk of your carThe app-based service, which lets car owners provide delivery agents with access to trunks, is an example of how Amazon is exploring new me...
- Paytm Mall to put $35 million in tech to strengthen logisticsThe company also plans to shorten delivery timelines to provide same-day and next-day deliveries in electronics and appliances categories a...
- Security services co SISA Group wants Rs 50 cr to fund its ecomm logistics forayRecently, SISA entered into last-mile logistic for ecommerce players like BigBasket, Flipkart, Snapdeal, Amazon and Grofers.
- UPS ties up with First Flight for expanding bizInternational express delivery major UPS has tied up with homegrown logistics player First Flight Courier to act as its domestic shipping o...
- DTDC's global partner DPDgroup wants firm to replicate business model in South AfricaDPDgroup is majority owned by GeoPost, Europe’s No 2. company in terms of number of parcels handled. It owns more than 40% in unlisted DTDC.
- DTDC scales its global presence, enters Australia and Kuwait through joint ventureThe entity will progressively offer same day delivery, pick-up and return services for vital shipments, 'Bullet Service' within 4 hours, pr...
- Amazon receives FIPB nod to set up logistics unitThe Foreign Investment Promotion Board has allowed Amazon Asia-Pacific Resources to set up a wholly-owned subsidiary that will provide cour...
- Express industry on growth trajectoryExpress industry remains one of the fastest growing segments of the Indian logistics space, thanks to the exponential growth of banking pro...
- DHL Express to expand capacity by 50% in 2 yearsThe Ministry of communications’ proposal to bring down FDI in courier services to 49% from 100% does not seem to be having much impact on f...
- ADAG makes first move for DTDC-Gati allianceAnil Dhirubhai Ambani Group (ADAG) is looking for a game-changing deal in the logistics space.
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