Consumer trend: e-commerce is boosting Deutsche Post to 7 million packages per day
Deutsche Post DHL reported that it delivered more packages than ever before. Shortly before Christmas, the company for the first time ever reached the watermark of 7 million packages processed per day, said CFO Larry Rosen today.
Rosen says that e-commerce is responsible for the increase in package delivery.
European e-commerce is booming, as Europeans increasingly do their shopping at huge e-commerce players like Rocket Internet’s Zalando. Even the traditional seasonal bargain hunting is now moving online, as we wrote recently.
At the moment, Deutsche Post says that e-commerce shipping accounts for about 7 percent of the revenue of the company, but the company expects this to increase to 20 percent of its business as e-commerce in Germany matures further.
Deutsche Post is also actively investing in the e-commerce business. It recently bought out the majority shareholder of German online supermarket allyouneed.com.
For 2012, Deutsche Post expects an operating profit of 2,6 to 2,7 billion euros, it said.
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