DHL banks on burgeoning markets like South-east Asia as it aims for 50% revenue growth by 2030
Tariffs or not, it has set aside billions for expansion and sees huge potential in life sciences and e-commerce
Add BT as a preferred source
[SINGAPORE] US tariffs are expected to wreak havoc on global supply chains, but logistics giant DHL is not that worried.
DHL’s Strategy 2030 plan, announced in September last year, aims to boost its revenue by 50 per cent by 2030. That translates to a revenue target of roughly 123 billion euros (S$183.6 billion), up from an income of around 82 billion euros received in 2023.
Despite the current tariff turmoil, its revenue target remains unchanged as it prepares for growth in fast-growing regions like South-east Asia, in the areas of life sciences and healthcare as well as e-commerce, among others.
TRENDING NOW
CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
Rare brutalist Singapore house opens to the public before changing hands
