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Aramex acquires Australian domestic courier company

Aramex acquires Australian domestic courier company
Aramex
ARMX
0.82% 2.47 0.02
Aramex (ARMX.DFM) announced its acquisition of Mail Call Couriers, a leading courier service in metro express deliveries in Australia, the company press release said.

According to the management, the deal is set to intensify Aramex's global presence and expand its e-commerce proposition as:

1. Australia is now the fourth largest e-commerce market in the Asia-Pacific region, with increasing demand for online shopping. Worth mentioning, the Australian e-commerce market grew from USD30bn in 2011 to over USD37bn in 2013.

2. Mail Call Couriers has a strong brand and has built a reputation for developing innovative customer-focused technology and providing fast and efficient services.