The firm provides startup equity and know-how to young Internet ventures.
The German postal group said that its involvement in the firm will give it contacts with potential customers and partners.
Klaus Zumwinkel, chairman of Deutsche Post, said that there is an “enormous potential” in the booming e-commerce market for his logistics group.
In a separate development, Deutsche Post said that its on-line shopping portal, eVITA, was the busiest site in the German Internet marketplace during December. eVITA attracted 642,000 visits, a 48-percent increase compared to the previous month.
Freight Fraud Symposium
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Supply Chain AI Symposium
Past the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
Future of Rail Symposium
Reshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.
Double brokering. AI deepfakes. Identity theft. Freight fraud is an existential threat to the industry. Get ahead of it.
Rock & Roll Hall of Fame • Cleveland, OH Register NowPast the hype. Join operators, founders, and enterprise leaders figuring out how to deploy AI in supply chain.
The Old Post Office • Chicago, IL Register NowReshoring is rewriting freight demand. Join shippers, rail executives, and government officials to shape the next decade.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now