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TCI Express to acquire stake of Uketoru in Japan

13 Mar 2019 Evaluate

TCI Express is in process of acquiring stake in Uketoru Company, Japan for expansion of its business. The company will acquire 7.70% of total share holding of Uketoru. The cost of acquisition is around Yen 20 million. Uketoru is express B2C Technology Company.

TCI Express is engaged in the business of Transport and Cargo services. It focuses on express cargo distribution with greater emphasis on the burgeoning e-commerce business. The company specializes in offering time definite solutions.

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