Malta's CACASHOP Buys Australian Warehousing Firms for $37.12M

Malta-based cross-border e-commerce platform CACASHOP has acquired five Australian warehousing companies for $37.12 million, significantly enhancing its logistics and product supply services in Australia. The acquisition will bolster CACASHOP's profitability and core competitiveness while tapping into the thriving Australian e-commerce market. With over two thousand overseas goods storage centers and more than seventy large-scale warehousing service centers, CACASHOP's storage capacity in Australia is expected to increase by 37 percent. The company plans to dispatch additional personnel to manage operations and meet Australian consumers' expectations for efficient logistics and timely deliveries.

In summary, CACASHOP's acquisition of five Australian warehousing companies for $37.12 million strengthens its position in the Australian e-commerce market. By expanding its storage capacity and dispatching more personnel, CACASHOP aims to provide reliable logistics services and meet the increasing demand from Australian consumers. With a global presence and standardized management system, CACASHOP continues to expand its warehousing centers worldwide to cater to the growing needs of its users.