Sydney-based logistics startup Shippit has raised US$22.4 million (A$30 million) in a series B round led by US-based tech investment firm Tiger Global, as it looks to tap new markets in Southeast Asia. The e-commerce and logistics company said it will use the funds for product development and new hires, aiming to add another 100 people to double its staff across Asia Pacific, including 50 software developers. Also read: SingPost, Shippit team up to boost parcel delivery for … [Read more...] about Logistics tech startup Shippit nabs US$22m funding, eyes Southeast Asia growth
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Cainiao knows BEST: Delivery times between Malaysia and China slashed ahead of Double 11
Cainiao Network, the logistics arm of Alibaba, announced a partnership with BEST Inc. (BEST), an integrated smart supply chain solutions and logistics services provider from China, to launch an end-to-end logistics service between Malaysia and China to shorten delivery time for cross-border e-Commerce parcels and improve overall customer experience. Cross-border sea freight shipping duration will be reduced to as fast as six days after departing China, and thereafter customers can receive … [Read more...] about Cainiao knows BEST: Delivery times between Malaysia and China slashed ahead of Double 11
SingPost, Shippit team up to boost parcel delivery for SMEs
Singapore Post (SingPost) and logistics startup Shippit inked a deal that will allow SMEs on Shippit’s platform to deliver directly to SingPost’s network of pick-own-parcel stations (POPStations) and letterboxes, a press release confirmed. As part of the deal, SingPost’s last-mile services can be viewed and accessed through Shippit’s platform, including SingPost’s Speedpost Express Services, alongside pre-negotiated delivery rates. Shippit says its intelligent tracking system benefits … [Read more...] about SingPost, Shippit team up to boost parcel delivery for SMEs
