Third investment in e-commerce
Denmark-based shipping company Maersk has now struck in Portugal. After the recent takeover of Visible SCM and B2C, the purchase of the Portuguese provider Huub will be the next step. Again, e-commerce is the driving force.
Huub, a Portuguese cloud-based logistics start-up, specialises in technology solutions for B2C warehousing for the fashion industry.
Maersk Growth, the corporate venture arm of A.P. Moller - Maersk, first engaged with the Portuguese in May 2019, as it believes that collaboration with start-ups is an important lever for innovation. (cd)