Once valued at $850 Mn and gearing up for a public listing, Ecom Express has now been acquired by rival Delhivery for just $165 Mn, an 80% value erosion From overdependence on Meesho to leadership ...
Delhivery Acquires Ecom: New-age logistics company Delhivery Ltd on Saturday, April 5, informed that it will acquire its rival Ecom Express in an all-cash deal worth Rs 1,407 crore. This comes after ...
Delhivery didn’t name Ecom Express, it was clear from the numbers it provided that it was referring to Ecom Express The listed logistics major alleged that Ecom Express has miscalculated its number of ...