TNT Post acquires online shopping specialist Kowin

TNT Post has taken an important next step in implementing its e-commerce strategy by acquiring the e-retail specialist Kowin.

With this transaction TNT Post adds expertise to its e-commerce chain in the field of online shopping and strengthens TNT Post’s capabilities as a one-stop service provider in the vastly growing online market.

The financial details were not disclosed.

The acquisition is in line with TNT’s Vision 2015 strategy as announced on 3 December 2009.

TNT Post wants to become market leader in the full e-commerce chain. This starts with offering companies know-how and data in the field of online marketing and e-retail, for example how to draw online customers to a web shop. The chain continues with managing and facilitating web shops and online payment, e-fulfillment, the physical delivery and customer service after delivery.

Kowin is a Dutch e-commerce solution provider with extensive know-how in the field of online shopping and is a one-stop service provider for the full chain.

Source: Cargo News Asia