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Partnership between AJEX and DHL to”play a critical role in driving the e-commerce boom in Saudi Arabia”
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Post & Parcel
DHL eCommerce, the e-commerce logistics specialist of DHL Group, has officially completed the acquisition of a minority stake in AJEX Logistics Services.
The strategic partnership positions DHL eCommerce and AJEX to benefit from the expected double-digit growth in Saudi Arabia’s e-commerce sector, a central pillar of the Kingdom’s Vision 2030, as well as in the wider Middle East.
“As part of our Strategy 2030 ‘Accelerating Sustainable Growth’, DHL Group is investing EUR 500 million in high-potential markets such as Saudi Arabia,” said Pablo Ciano, CEO of DHL eCommerce.
DHL eCommerce is now present in the country together with the DHL Express, DHL Supply Chain and DHL Global Forwarding divisions.
In the future, AJEX will operate as “AJEX, a partner of DHL eCommerce”.
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