opened second bonded warehouse in China

Munich, November 21, 2019 – SE ("" or "Group") announces the successful launch of the second bonded warehouse (“BWH2”) in Ningbo, China, on November 4, 2019. The BWH2 offers customers of the Chinese web shop ( the delivery of a selected product assortment directly from the BWH2 in China with the benefit of significantly shorter delivery times of 2 to 7 days and lower shipping costs.
To customers in China, operates in the so-called cross-border e-commerce market. The BWH2 is part of’ s growth strategy in C