DHL, the German package delivery company, is keen to acquire local rivals or form joint ventures in an effort to double its domestic express business in Asia to tap growing demand for intra-country services.
Dan McHugh, chief executive of DHL Express Asia Pacific, said the group plans to lift the revenue contribution from its domestic arm to as much as 16 per cent of the overall total from 8 per cent now, within three to four years.
“Domestic consumption and people's income are increasing. The domestic express business has become much more attractive. Our strategy is to become a much bigger domestic player across Asia, as well as in China,” Mr McHugh said on 9th Sep.
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