DHL's warehouse in Shanghai, part of the company's global supply chain solutions. Photo: SCMP/Handout

SF Holding buys DHL’s China supply chain unit to diversify its business from parcel delivery

  • SF will pay DHL an upfront payment of 5.5 billion yuan, with a revenue-based fee over 10 years
  • The deal doesn’t affect DHL’s existing business in global express, freight transport and e-commerce logistics
Topic |   Transport and logistics

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DHL's warehouse in Shanghai, part of the company's global supply chain solutions. Photo: SCMP/Handout
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