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Indiatimes Shopping Acquires Stake in Delhivery

In a bid to give a boost to its shopping site Indiatimes Shopping; the Times Internet has purchased a stake in New Delhi based logistics company Delhivery.

They have actually tried to strengthen their warehouse network and last mile delivery and it is going to enhance their delivery capabilities.

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They could have had gone with their own courier company like other ecommerce companies in India; however it takes time to bring a courier company to develop footprint in tight competitive segment.

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