Aramex to fully acquire e-commerce platform MyUS in $265m deal

Follow-ups -eshrag News:

Wed, 2022-06-01 19:09

RIYADH: Dubai-based logistics company Aramex has signed an agreement to fully acquire cross border e-commerce platform MyUS in a $265 million deal. 

The US-based company provides package forwarding solutions to customers who shop from retailers based in the US, UK and China, according to a statement. 

The deal comes in line with Aramex’s strategy to expand its cross-border operations and to capitalize on the attractive growth opportunities from a fast-growing $4 trillion global e-commerce sector. 

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Business & Economy

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