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Answer the following items: 1. Identify the modes of transport DHL uses.

Answer the following items: 1. Identify the modes of transport DHL uses.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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DHL and Shopee launch new partnership, enabling China sellers to easily access Thai consumers. DHL eCommerce, a division of the world's leading logistics company, Deutsche Post DHL Group (DPDHL), announced a partnership on October 2018 with Shopee, a leading e-commerce platform in Southeast Asia and Taiwan. The partnership enables sellers in China to access consumers nationwide in Thailand, with an expansion of the partnership to other Southeast Asian markets in the pipeline (Bloomberg, 2018). "Direct selling to overseas consumers has never been easier and has become a key growth driver for many businesses, with e-commerce as an easy platform to enable international expansion. With logistics as a key enabler for cross-border retailing, we want to empower our customers to tap into this huge growth opportunity," says Zhi Zheng, Managing Director, DHL eCommerce Greater China & North Asia. DHL guaranteed to provide effective and efficient logistics services through their massive volume of trucks and planes, as Thailand is accessible from China by land. With DHL eCommerce integrated on Shopee in China, sellers can easily sell and deliver on a single platform and keep track of all shipments directly through their mobile applications (Bloomberg, 2018). "In recent years, we have witnessed the rapid development of Southeast Asia's e-commerce market, and a growing number of Chinese brands and sellers are staking a claim in this e-commerce goldmine. However, the geographical complexity of this region has created some logistical challenges. As a leading e-commerce platform in Southeast Asia, Shopee has built its Shopee Logistics Servcies (SLS), a highly efficient logistics delivery network that links China with Southeast Asia. We are delighted to work with DHL, the world's leading logistics service provider, to grow SLS from strength to strength. Our collaboration will make Shopee the e-commerce platform of choice for cross-border sellers in China who aspire to sell into Southeast Asia," said Jianghong Liu, Head of Shopee Cross Border eCommerce (Bloomberg, 2018). Currently, Shopee's SLS is operational in seven (7) markets in Southeast Asia and Taiwan. With shipping costs 20% to 30% lower than typical market rates and better transit times, SLS makes cross border logistics a breeze for Chinese sellers. The collaboration between Shopee and DHL eCommerce will further enhance the capabilities of SLS. DHL will provide Shopee sellers and buyers with door-to-door logistics services, ensuring products will reach consumers in Thailand safely and quickly (Bloomberg, 2018). Answer the following items: 1. Identify the modes of transport DHL uses.
Transcribed Image Text:DHL and Shopee launch new partnership, enabling China sellers to easily access Thai consumers. DHL eCommerce, a division of the world's leading logistics company, Deutsche Post DHL Group (DPDHL), announced a partnership on October 2018 with Shopee, a leading e-commerce platform in Southeast Asia and Taiwan. The partnership enables sellers in China to access consumers nationwide in Thailand, with an expansion of the partnership to other Southeast Asian markets in the pipeline (Bloomberg, 2018). "Direct selling to overseas consumers has never been easier and has become a key growth driver for many businesses, with e-commerce as an easy platform to enable international expansion. With logistics as a key enabler for cross-border retailing, we want to empower our customers to tap into this huge growth opportunity," says Zhi Zheng, Managing Director, DHL eCommerce Greater China & North Asia. DHL guaranteed to provide effective and efficient logistics services through their massive volume of trucks and planes, as Thailand is accessible from China by land. With DHL eCommerce integrated on Shopee in China, sellers can easily sell and deliver on a single platform and keep track of all shipments directly through their mobile applications (Bloomberg, 2018). "In recent years, we have witnessed the rapid development of Southeast Asia's e-commerce market, and a growing number of Chinese brands and sellers are staking a claim in this e-commerce goldmine. However, the geographical complexity of this region has created some logistical challenges. As a leading e-commerce platform in Southeast Asia, Shopee has built its Shopee Logistics Servcies (SLS), a highly efficient logistics delivery network that links China with Southeast Asia. We are delighted to work with DHL, the world's leading logistics service provider, to grow SLS from strength to strength. Our collaboration will make Shopee the e-commerce platform of choice for cross-border sellers in China who aspire to sell into Southeast Asia," said Jianghong Liu, Head of Shopee Cross Border eCommerce (Bloomberg, 2018). Currently, Shopee's SLS is operational in seven (7) markets in Southeast Asia and Taiwan. With shipping costs 20% to 30% lower than typical market rates and better transit times, SLS makes cross border logistics a breeze for Chinese sellers. The collaboration between Shopee and DHL eCommerce will further enhance the capabilities of SLS. DHL will provide Shopee sellers and buyers with door-to-door logistics services, ensuring products will reach consumers in Thailand safely and quickly (Bloomberg, 2018). Answer the following items: 1. Identify the modes of transport DHL uses.
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