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DPDgroup acquires minority interest in Singapore’s Ninja Van

LBR Staff Writer Published 24 January 2018

DPDgroup, a parcel delivery network of GeoPost, has purchased a minority stake in Singapore-based parcel delivery service provider Ninja Van.

Ninja Van is a Southeast Asian logistics start-up, which offers delivery solutions to businesses of all sizes.

The company manages parcel delivery networks in Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam.

Established in 2014, the last-mile logistics operator has technology-enabled delivery systems to meet the logistics requirements of customers.

The company is also planning to expand its network to serve customers in the SEA region.

GeoPost president and CEO Paul-Marie Chavanne said: “As parcel delivery expert, DPDgroup is very proud to count Ninja Van among its new international partners.

“This will give us insight in one of the fastest growing logistic market of the world and create many opportunities for cross-border connections with our many existing own or partner operations in Europe, Africa, Turkey, Russia, Brazil or India.”

Claimed to be the second largest international parcel delivery network in Europe, DPDgroup delivers four million parcels per day to more than 230 countries through its commercial brands such as DPD, Chronopost and SEUR.

In September 2017, DPD commenced operations at its new parcel sorting plant in Steinen, Baden Württemberg, Germany.

The €16m parcel sorting centre, which is located near Swiss border, marks the company's seventy eight depot.

The 30,000m² facility employs around 80 people initially and will process up to 10,000 parcels a day.

Image: DPDgroup has purchased a minority stake in parcel delivery service provider Ninja Van. Photo: courtesy of DPD.