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TAGG Logistics acquires e-commerce company

2015-06-05 14:05:57| Logistics - Topix.net

Tod Yazdi , who co-owns TAGG with fellow principal Gary Patterson , said the acquisition will give the company a presence in the eastern U.S. and help speed its distribution times for clients to one to two days. TAGG is a third-party logistics company focusing on e-commerce fulfillment and retail distribution for health care and consumer products companies.

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Thailand Post keys on e-commerce

2015-06-05 03:25:41| Logistics - Topix.net

Warakan Srinualnad, chief executive of Thailandpost Distribution, shows the company's new warehouse distribution centre in Samut Prakan province. The facility provides 20,000 square metres of space for the storage of parcels and products.

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SoftBank to invest USD 1 bln in e-commerce company Coupang

2015-06-03 12:28:00| Telecompaper Headlines

(Telecompaper) A subsidiary of Japanese operator Softbank will invest USD 1 billion in Korean e-commerce retailer Coupang. The investment is expected to close at the beginning of July, and will bring the total amount of funding raised by Coupang over the past year to nearly USD 1.5 billion. Coupang will use the fresh funds to boost its innovations in its fulfillment service, same-day delivery network and mobile applications. Coupang will also expand its R&D offices in Silicon Valley, Seattle, Shanghai and Seoul. Coupang reports it has reached 25 million mobile application downloads in Korea. Mobile sales currently account for over 75 percent of the company's revenue and over 85 percent of its total traffic.

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New rules for logistics could give a boost to e-commerce retailers like Alibaba's Taobao. Photo: AP

2015-06-03 10:15:44| Logistics - Topix.net

The wheels of China's e-commerce economy look set to be further greased by a new regulation mapping out a national logistics system and other measures in key mainland cities from 2015-2020. Backbone Internet networks will also be strengthened to boost regional economies, according to the regulation released by the Ministry of Commerce last Thursday.

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3M, with $7 billion in online B2B sales, posts a bigger goal for e-commerce

2015-05-04 07:06:40| Chemicals - Topix.net

B2B e-commerce is larger than retail e-commerce in transaction volume. Read key data on industry sales, trends in marketing and web content, technology investment, and more.

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