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Pantos Partners with Chinese e-commerce logistics provider "4PX"
Pantos will be working with Chinese logistics providers to dominate the global e-commerce delivery market.Pantos announced that it entered into an MOU on the 15th with 4PX, a China-based overseas delivery service provider, to expand its operation in e-commerce logistics.As a Chinese logistics company wherein 40% of stocks is owned by Singapore Post, 4PX is considered one of the biggest e-commerce delivery providers in China and is also a logistics partner for major international e-commerce companies such as eBay, Amazon, and Alibaba.Based on this MOU, the two companies will develop new routes between Korea and China to improve the competitiveness of e-commerce between the two countries. They will also actively engage in shared marketing to attract cargo from China to Korea via major online shopping sited such as AliExpress.Pantos will utilize the international networks of both companies to expand its operation to Europe and US while reinforcing its 3PM marketing efforts targeting global e-commerce companies outside of China though its existing logistics centers.
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