Lege Shares Sells Overseas Warehouses to Boost Ecommerce Logistics
Loctek sold its overseas warehouses for profit, which will be used to lease and build larger overseas warehouses. This aims to optimize its cross-border e-commerce logistics system, improve efficiency, reduce costs, and optimize its capital structure. The move signifies a strategic shift towards a more robust and scalable logistics infrastructure to better support its growing cross-border e-commerce operations. The reinvestment in larger, potentially more strategically located warehouses, underscores a commitment to enhancing its global fulfillment capabilities.
