Words have been circulating on Weibo that 360buy, one of the largest Chinese B2C service is poised to acquire Shanghai-based express logistics company CCES. Liu Qiangdong, founder and CEO of 360buy once revealed on Sina Weibo last year that  “there’ll be more than 25,000 new colleagues joining Jing Dong Mall in 2012”. Since then people were speculating that 360buy is acquiring a logistics company in an aim to ramp up its delivery service.

Gong Wenxiang, VP of 360hqb.com, a Shenzhen-based 3C-centric etailer broke the rumor on Sina Weibo, implying that CCES might be 360buy’s acquisition target.

Logistics Conundrum Behind the Ecommerce Prosperity

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Ben Jiang

Listener of startups, writer on tech. Maker of things, dreamer by choice.