Advertisement
New Zealand markets closed
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NZD/USD

    0.5938
    -0.0012 (-0.20%)
     
  • NZD/EUR

    0.5553
    +0.0013 (+0.23%)
     
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • OIL

    84.07
    +0.50 (+0.60%)
     
  • GOLD

    2,344.80
    +2.30 (+0.10%)
     
  • NASDAQ

    17,714.37
    +283.87 (+1.63%)
     
  • FTSE

    8,144.51
    +65.65 (+0.81%)
     
  • Dow Jones

    38,217.93
    +132.13 (+0.35%)
     
  • DAX

    18,166.75
    +249.47 (+1.39%)
     
  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • NZD/JPY

    93.4460
    +0.9500 (+1.03%)
     

FedEx Spreads e-Commerce Wings with P2P Mailing Acquisition

FedEx Spreads e-Commerce Wings with P2P Mailing Acquisition

On March 27, 2018, Memphis-headquartered global logistics giant FedEx announced the acquisition of P2P Mailing for ~$130 million (or 92.0 million pounds). P2P has partnership agreements with final-mile delivery partners across the world. The company’s innovative IT platform allows customers to communicate with the platform in their local language.