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FedEx to Expand E-Commerce Capabilities with P2P Acquisition

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Looking to expand its e-commerce delivery capabilities, FedEx Corp. said Tuesday it has acquired P2P Mailing Limited, a provider of worldwide e-commerce transportation solutions, for 92 million pounds ($130.23 million). FedEx said P2P’s capabilities complement and expand its existing portfolio of offerings that serve the vital fast-growing global e-commerce marketplace. P2P, is headquartered in Laindon,…

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