Coo8 to Build In-House Delivery Team

Sohu IT, 6/14/12

Ding Donghua, CEO of Gome's (0493.HK) B2C consumer electronics subsidiary Kuba Technology (Coo8.com), has revealed that Coo8 will establish its own in-house delivery team due to the comparatively high cost of third-party logistics firms.

Ding estimated the team will grow to several hundred by the end of the year.

Traditional delivery companies have in the past expressed their disapproval of e-commerce firms starting their own delivery services. Yu Weijiao, president of Worldwide Express, once proclaimed that China Post and the China Express Association should issue regulations prohibiting e-commerce firms from entering the delivery sector, and a number of other express delivery firms have reportedly made similar calls.

Keywords: consumer electronics e-commerce B2C 0493.HK logistics Coo8.com Kuba Yu Weijiao Ding Donghua home appliances

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