2021
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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FedEx Express has agreed to invest $100 million in which logistics services provider?
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XpressBees
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Delhivery
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DTDC
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OLX
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Explanation:
Detailed explanation-1: -FedEx Express, a subsidiary of FedEx Corp., the world’s largest express transportation company, will invest $100 million in logistics and supply chain services company Delhivery.
Detailed explanation-2: -India’s competition watchdog Competition Commission of India (CCI) has approved the acquisition of minority stake in logistics services provider Delhivery Ltd by FedEx Express, a unit of American transportation giant FedEx Corp.
Detailed explanation-3: -FedEx Express said this transaction combines the FedEx global network with Delhivery’s extensive pan-India network and technology solutions to bring the best of both worlds together.
There is 1 question to complete.