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Cosco Shipping expands footprint in digital logistics

Cosco Shipping Supply Chain is setting up joint venture with Chinese digital payment service provider, Lianlian Digital Technology, and Hangzhou P&T Logistics Technology, to promote cross-border digital logistics services.

Katherine Si, China Correspondent

March 6, 2023

1 Min Read
Cosco digital payment jv
Photo: Cosco Shipping

This newly established Zhejiang Zhongpulian Technology is a significant move for the three companies to jointly promote digital application of cross-border logistics services. 

All the three parties will make joint efforts to develop more specialised and extensive one-stop digital trading service platform for both domestic and overseas markets, supporting middle and small-sized cross-border enterprises to reduce trading costs and improve efficiency of international trading. 

As the integrated global supply chain service platform of Cosco Shipping Group, the supply chain company aims to build a leading digital supply chain industry player to develop China’s B2B logistics market and provide modern logistics solution for clients at home and abroad, said Cosco Shipping Supply Chain. 

LianLian DigiTech is a top payment technology company with a portfolio of payment licenses worldwide, which has built a digital technology ecosystem that offers global payments and card clearing services across multiple industries.

Hangzhou P&T Logistics Technology is a unit of P&T (Hong Kong) Group which is a regional port logistics investor in China. 

 

Read more about:

Cosco Shipping

About the Author

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

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