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DHL is a German, multinational logistics company headquartered in Bonn, Germany. [5] It provides courier, package delivery and express mail service, delivering over 1.7 billion parcels per year. [6] A subsidiary of DHL Group, its express mail service DHL Express is one of the market leaders for
DHL Group was the largest logistics company worldwide in 2022. [5] [better source needed] DHL Group is the successor to the German mail authority Deutsche Bundespost, the oldest modern postal service in the world, [6] tracing its roots to the middle ages. It was privatized in 1995 and became a fully independent company in 2000.
The company was founded in 2000 by father and son Fil and Richard Adams-Mercer together with colleague Steven Kramer. [4] At that time neither United Parcel Service nor DHL were offering online access to their courier parcel services.
The company won the 2012 DHL Online Fulfillment Initiative of the Year award, [15] and Startups.co.uk ranked Shutl at number 1 in their top 100 startups of the year. [16] In November 2012, the company won the National Business Awards Start-up Business of the Year award.
DHL Supply Chain was the global market leader in contract logistics with a market share of 8.3% (2010). In this highly fragmented market, the top ten players account for only about 23% of the overall market, the size of which is estimated to be €147 billion.
Name your own price (NYOP) is a pricing strategy [1] under which buyers make a suggestion for a product’s price (unlike the traditional way where sellers quote a certain price) and the transaction occurs only if a seller accepts this quoted price. [2]
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