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May 1, 2014 02:06 pm GMT
E-commerce giant Amazon has reportedly made its first investment into the French market: it has acquired a 25% stake in Colis Priv, a delivery company that competes in France against the likes of state-owned La Poste, and global giants TNT, DHL, UPS and FedEx to deliver parcels. The news was first reported by the French blog le Journal du Net, and we are reaching out to both companies for… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/v-GWWeZT57c/
Amazon Takes A 25% Stake In Colis Prive To Ramp Up Its Delivery Network In France
E-commerce giant Amazon has reportedly made its first investment into the French market: it has acquired a 25% stake in Colis Priv, a delivery company that competes in France against the likes of state-owned La Poste, and global giants TNT, DHL, UPS and FedEx to deliver parcels. The news was first reported by the French blog le Journal du Net, and we are reaching out to both companies for… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/v-GWWeZT57c/
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