Privatização dos Correios: Amazon, FedEx e Magazine Luiza estão de olho na estatal, afirma ministro das comunicações

Post Office Privatization: Amazon, FedEx, and Magazine Luiza Are Eyeing the State-Owned Company, Says Communications Minister

Written by Flavia Marinho

Published on 17/09/2020 at 13:55

Updated on 17/09/2020 at 13:58

Quem vencerá a disputa pela privatização dos Correios? Amazon, FedEx ou Magazine Luiza? Há rumores que a UPS, a Alibaba e o Mercado Livre também estão interessados na estatal

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Who Will Win the Fight for the Privatization of Correios? Amazon, FedEx, or Magazine Luiza? There Are Rumors That UPS, Alibaba, and Mercado Livre Are Also Interested in the State-Owned Company

Privatization of Correios – At least five companies are interested in buying Correios if the state-owned company is privatized, stated on this day (09/17) the Minister of Communications, Fabio Faria. 4 billion reais are reserved by the Government to advance the privatization of Eletrobras

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Will the market give a vote of confidence to the purchase of a retailer by the delivery service? Magazine Luiza competes with the giant Amazon and international companies DHL and FedEx. There are rumors that UPS, Alibaba, and Mercado Livre are also interested in buying Correios.

The minister commented on the issue during a live stream conducted by an investment website. He promised to send a project to Congress for deputies and senators to analyze the details of the sale, including the stock control and obligations of the company that acquires the state-owned enterprise.

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Who Will Win the Fight for Correios? Amazon, Magazine Luiza, UPS, Alibaba, or Mercado Livre

Amazon announced the opening of its fifth distribution center in Brazil: in total, there will be four in the state of São Paulo and one in Pernambuco. Magazine Luiza, in turn, rents 17 warehouses scattered across Brazil, in addition to using its physical stores for distribution.

There were rumors that Alibaba was interested in acquiring Correios: it operates in e-commerce through AliExpress and has a logistics subsidiary called Cainiao, which operates flights from China to Brazil to expedite deliveries.

Another name in the running was Mercado Livre, also an e-commerce company that invests in logistics. It has two warehouses in the state of São Paulo and will open a third distribution center in Bahia. The American UPS also reportedly expressed interest earlier this year.

"Amazon, FedEx, and Magazine Luiza are interested in buying Correios, says Minister of Communications"

Dear Mailmen, none of these companies had a billion-dollar deficit to be paid with discounts on their salaries (Postalis), alright?

Via @conexaopolitica https://t.co/lrNT8rIs1L

— Eduardo Bolsonaro (@BolsonaroSP) September 17, 2020

Post Office Privatization: Amazon, FedEx, and Magazine Luiza Are Eyeing the State-Owned Company, Says Communications Minister

Who Will Win the Fight for the Privatization of Correios? Amazon, FedEx, or Magazine Luiza? There Are Rumors That UPS, Alibaba, and Mercado Livre Are Also Interested in the State-Owned Company

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Who Will Win the Fight for Correios? Amazon, Magazine Luiza, UPS, Alibaba, or Mercado Livre

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Post Office Privatization: Amazon, FedEx, and Magazine Luiza Are Eyeing the State-Owned Company, Says Communications Minister

Who Will Win the Fight for the Privatization of Correios? Amazon, FedEx, or Magazine Luiza? There Are Rumors That UPS, Alibaba, and Mercado Livre Are Also Interested in the State-Owned Company

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Who Will Win the Fight for Correios? Amazon, Magazine Luiza, UPS, Alibaba, or Mercado Livre

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

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