Tokyo-based Japanese outsourcing firm TransCosmos inc. has acquired 20% of Shanghai-based Chinese eCommerce logistics outsourcing company FineEx, according to a company announcement. TransCosmos bought the stake through third-party allotment. As part of the deal, the two companies have agreed to form a business and financial partnership. The valuation of the acquisition is not disclosed. Shanghai […]

Visit ChinaMoneyNetwork.com for more great China Money Podcast audio and video Internet episodes covering important investment news and financial events in China, as well as daily news updates on important China business news happenings. Follow us on Twitter @chinamoneypod subscribe to all episodes on iTunes.