Deal focus: Carlyle targets e-commerce supply chain
An estimated RMB12.3 trillion ($2 trillion) worth of goods were transacted online in China last year and gross merchandise value (GMV) will nearly double to RMB24.2 trillion over the next three years, according to consultancy iResearch. This has prompted huge demand for high-quality logistics infrastructure, particularly in the small items delivery and courier services segments, which play such an important roles in getting the goods to the customer.
Less-than-truckload (LTL) logistics operators provide road transportation for goods between 15 kilograms (kg) and three tons. In the low-weight segment between 15kg and 500kg, it is worth RMB400 billion...
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