SIMIC

Cosco Shipping Supply Chain is setting up joint venture with Chinese digital payment service provider, Lianlian Digital Technology, and Hangzhou P&T Logistics Technology, to promote cross-border digital logistics services.

Katherine Si | Mar 06, 2023

This newly established Zhejiang Zhongpulian Technology is a significant move for the three companies to jointly promote digital application of cross-border logistics services. 

All the three parties will make joint efforts to develop more specialised and extensive one-stop digital trading service platform for both domestic and overseas markets, supporting middle and small-sized cross-border enterprises to reduce trading costs and improve efficiency of international trading. 

As the integrated global supply chain service platform of Cosco Shipping Group, the supply chain company aims to build a leading digital supply chain industry player to develop China’s B2B logistics market and provide modern logistics solution for clients at home and abroad, said Cosco Shipping Supply Chain. 

LianLian DigiTech is a top payment technology company with a portfolio of payment licenses worldwide, which has built a digital technology ecosystem that offers global payments and card clearing services across multiple industries.

Hangzhou P&T Logistics Technology is a unit of P&T (Hong Kong) Group which is a regional port logistics investor in China.