E-commerce Logistics Company Announces Expansion Into Australia

Globavend Holdings Limited (Nasdaq: GVH), an emerging e-commerce logistics provider, has announced its intention to expand its footprint in the Australian market by signing a non-binding Memorandum of Understanding (MOU) to acquire an equity stake in Top Logistics Australia Pty Ltd. Top Logistics is recognized as a leading one-stop logistics solutions provider in Australia. This proposed acquisition is subject to further discussions, due diligence, and the fulfillment or waiver of certain conditions precedent, which will be outlined in a definitive agreement. $Globavend Holdings(GVH.US)$