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999 DHL acquires minority stake in Saudi logistics company Ajex

MENAbytes
MB Staff @ MENAbytes 2 place · 02/25/2025 09:35 EDT

DHL acquires minority stake in Saudi logistics company Ajex

DHL Ecommerce has acquired a minority stake in Saudi Arabian parcel logistics company Ajex, marking its expansion into the Kingdom’s rapidly growing e-commerce parcel market, the companies announced today. The financial details and the exact size of the stake were not disclosed. The deal represents DHL Eommerce’s first entry into Saudi Arabia, where it will ...

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