Singapore's vCargo Cloud to acquire 60% stake in Indonesian logistics player GTS

Singapore's vCargo Cloud to acquire 60% stake in Indonesian logistics player GTS

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

Singapore-based e-trade solutions provider vCargo Cloud Pte. Ltd (VCC) has announced that it will acquire 60 per cent stake in Indonesian integrated logistics player PT Gatotkaca Trans Systemindo (GTS), to expand its global network.

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