[Ebon Dynamics News] On March 13th, the Middle East express company Aramex announced a few days ago that it has expanded again in Saudi Arabia and acquired Saudi TAL for US$80 million, but did not disclose any details about the scale and business activities of Saudi TAL. .

The relevant person in charge of Aramex emphasized that Saudi Arabia is the company's largest market in the Middle East and has huge growth potential. The company acquired Saudi TAL to support Saudi Arabia's 2030 vision, which aims to encourage private companies to invest to achieve economic diversification. In addition, this acquisition is also in line with the company's strategy to develop leaner and more efficient business in all markets where the company operates, allowing the company to focus on upgrading the "last mile" delivery through innovative solutions to create better customers Experience.

It is reported that Aramex has 221 stores in Saudi Arabia, a total area of ​​67,000 square meters of processing facilities, and a total of 3,100 employees.

In August 2018, Aramex reached a strategic partnership with Al-Dawaa Medical Services Company, which is the exclusive owner of Al-Dawaa Pharmacy and has a nationwide sales network. Middle East Express can set up service centers in 20 Al-Dawaa pharmacies. In the second phase, Middle East Express will also set up service centers in hundreds of Al-Dawaa pharmacies.

In February of this year, Aramex also launched the crowdsourcing solution Aramex Fleet in Saudi Arabia. Solve the "last mile" delivery service through a crowdsourcing and sharing economy platform.