عربي

Kuwait's Agility to invest $100m in Shipa.com

Arabic

Kuwait's Agility to invest $100m in Shipa.com
Image courtesy of Shutterstock

Source: The National

Agility, one of the largest logistics firms in the region, will invest $100 million in a digital logistics platform that allows small businesses and entrepreneurs to manage their freight and deliveries online.

Shipa.com will host three targeted segments: e-commerce, delivery and freight, Agility said in a statement on Monday.

"Small businesses often lack access to the logistics resources, tools and solutions that larger businesses have," said Agility chairwoman Henadi Al Saleh.

Kuwait-based Agility plans to invest at least $2 billion into its business by 2020, including technology. The new platform's e-commerce segment will offer delivery and returns for consumers and SMEs across the GCC, with "additional reach" into the EU and Africa.

Continue reading this story

Thank you

Please check your email to confirm your subscription.