X
Jul 27, 2021 05:59 PM (GMT+8) · EqualOcean
Huamao logistics announced that the company plans to acquire 70% of the shares of Hangzhou Jiacheng International Logistics Co., Ltd. with RMB 505 million in cash. After the completion of the transaction, it is expected to increase goodwill by 398 million yuan. The acquisition of Jiacheng logistics is in line with the development strategy of Huamao logistics, is conducive to building the capacity of full product line, full service chain and full digitization in the field of cross-border e-commerce logistics, improves the service capacity for small and medium-sized cross-border e-commerce businesses, and drives the rapid rise of cross-border e-commerce business of Huamao logistics.

This text is a result of machine translation.