DHL eCommerce plans to acquire 100% of APM Solutions, its joint venture with Alibaba’s Cainiao in Poland, to expand its parcel locker network. The goal is to have 10,000 units in Poland by 2026, targeting the growing e-commerce market where consumers prefer parcel vending machines.

The move gives DHL eCommerce a stronger position in Poland’s e-commerce market, where up to 40% of consumers prefer parcel lockers. This acquisition aims to provide more choices and convenience for merchants and consumers, enhancing the logistics ecosystem in the country.

DHL Group has been investing significantly in Poland over the past three years, with an average of $275 million annually in its e-commerce, express, supply chain, and freight forwarding businesses. The acquisition of APM Solutions will further strengthen DHL’s presence in the country’s logistics sector.

DHL’s e-commerce logistics business in Poland has been expanding, with recent investments in Cainiao’s Polish subsidiary to capture a larger share of the out-of-home delivery market. This acquisition aligns with DHL’s strategy to enhance its access point network and compete with other players like InPost.

DHL continues to expand its e-commerce logistics business globally, with recent acquisitions in Saudi Arabia and partnerships in Europe and the Middle East. The company’s focus on improving its infrastructure and parcel delivery capabilities is part of its strategy to stay competitive in the evolving logistics industry.

Read more at Yahoo Finance: DHL eCommerce to buy out parcel locker partner in Poland