DHL eCommerce, the e-commerce logistics specialist of DHL Group, has officially completed its minority stake acquisition in AJEX Logistics Services. AJEX is a leading GCC supply chain and transportation company, owned by Ajlan & Bros Holding Group. The move marks a significant milestone in DHL’s expansion into the rapidly growing Saudi Arabian parcel market and AJEX expansion across the Middle East. The strategic partnership positions DHL eCommerce and AJEX to capitalise on the … [Read more...] about DHL eCommerce finalises strategic investment in Saudi logistics leader AJEX

DHL eCommerce, the e-commerce logistics specialist of DHL Group, and AJEX Logistics Services have entered into an agreement in which DHL will acquire a minority stake in the Saudi Arabian parcel logistics company. For DHL eCommerce, whose core business is domestic parcel transport in selected European countries, the United States, and certain key Asian countries, this agreement represents an expansion into the rapidly growing Saudi Arabian e-commerce parcel market. Although AJEX only began its … [Read more...] about DHL eCommerce enters Saudi Arabian market by acquiring equity stake in parcel logistics company AJEX