Singapore Post (SingPost) has entered into a sale and purchase agreement with Jing King Tech Solutions to dispose its 90 per cent stake in DataPost for approximately S$39.3 million (approx. US$29.5 million). This is on the back of another divestment that SingPost made in May of its whole stake in Novation Solutions and DataPost Hong Kong for S$24.4 million. The company says that it is selling off stakes in the more traditional forms of the postal service business to support the … [Read more...] about SingPost divests 90% stake in DataPost
e-commerce
SingPost divests 90% stake in DataPost
Singapore Post (SingPost) has entered into a sale and purchase agreement with Jing King Tech Solutions to dispose its 90 per cent stake in DataPost for approximately S$39.3 million (approx. US$29.5 million). This is on the back of another divestment that SingPost made in May of its whole stake in Novation Solutions and DataPost Hong Kong for S$24.4 million. The company says that it is selling off stakes in the more traditional forms of the postal service business to support the … [Read more...] about SingPost divests 90% stake in DataPost
Kerry Logistics snags House Of Fraser contract
Kerry Logistics Network has secured a contract with House of Fraser, the UK and Ireland’s department store group, to support the retailer’s store and e-commerce expansion into China through the course of 2016. Kerry Logistics will operate more than 9,000 square metres of warehousing for the group in Shanghai, providing import agency services, import customs brokerage, and domestic distribution and e-fulfillment. Value-added services will range from re-conditioning of consumer … [Read more...] about Kerry Logistics snags House Of Fraser contract
AF-KLM boldly embraces e-commerce with new express hub
The AF-KL-MP group’s recent unveiling to air cargo journalists of its brand spanking new €22 million HubExpress facility at Paris Charles De Gaulle Airport (CDG) in late May, clearly indicates the group still firmly believes in cargo, but just not the ‘old school’ version. While the carrier had insisted over a year ago in a press briefing in Amsterdam that it was redefining its cargo division to focus on higher yield products such as express and pharma, there has been … [Read more...] about AF-KLM boldly embraces e-commerce with new express hub
China Air begins Taoyuan-Shenzhen
Taiwan's China Airlines (CAL) has launched a new freighter service from Taoyuan to Shenzhen. The airline will operate three flights per week on this route using B747-400F jets. CAL said it is believes the new route could meet the growing demand for the shipment of consumer electronics and express air parcel as Shenzhen is a major hub for e-commerce and online shopping. Eyeing more lucrative cargo business in 2015, CAL said it hopes the route could help establish a more comprehensive shipping … [Read more...] about China Air begins Taoyuan-Shenzhen
Asians least satisfied with e-shopping experience
Creating personalised e-commerce experiences and providing alternate delivery locations are helping retailers boost customer satisfaction. According to the UPS Pulse of the Online Shopper study, online shoppers in Asia continue to be the least satisfied with their online and in-store shopping experiences. UPS and comScore Inc. released the second global study analysing what drives an online shopper’s full path to purchase. Results show the advent of the ‘flex shopper’ … [Read more...] about Asians least satisfied with e-shopping experience
