Singapore Post and Alibaba Group Holding have announced a series of new initiatives for collaboration and growth following the signing of a joint venture agreement. The three initiatives signal the deepening of a business relationship that started last year and a commitment from both parties to increase e-commerce logistics collaboration in the future to build a leading e-commerce logistics platform to service the rapidly growing e-commerce businesses across Asia Pacific and beyond. Lim Ho … [Read more...] about SingPost, Alibaba expand e-commerce logistics coop
e-commerce
Alibaba continues cross-border e-commerce push
Alibaba has announced an expansion of its cross-border e-commerce initiatives, including the launch of 11 official country pavilions on its Tmall Global platform, as well as cooperative partnerships between Juhuasuan, Alibaba’s group-buying platform and 26 foreign embassies in China. The countries that will be featured on Tmall Global, an extension of Tmall.com, China’s largest third-party B2C platform for brands and retailers, will include the US, New Zealand, Australia, Switzerland, France, … [Read more...] about Alibaba continues cross-border e-commerce push
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 group’s … [Read more...] about SingPost divests 90% stake in DataPost
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 group’s … [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 returns … [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
