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Postal services firm Singapore Post (SingPost) yesterday reported a 38.5 per cent surge in net profit for its fiscal second quarter, boosted by divestment gains and continued growth in its logistics and e-commerce businesses. Net profit amounted to S$53.4…
Singapore Post will build a $150 million shopping mall that offers a “complete suite” of e-commerce logistics solutions, the first of its kind in Singapore. The new retail mall at Singapore Post Centre (SPC) will boast 269,097.8 sf of retail space and it will…
Construction is now underway for Singapore’s first shopping mall that offers e-commerce logistics solutions as well. Scheduled to be completed in mid-2017, the new retail mall will be located at the prent open concourse in front of the SPC, located next to…
SingPost, Singapore’s national postal service, is continuing to build its international portfolio of eCommerce businesses, now adding US-based Jagged Peak to the lineup. The company says the purchase continues its “aspirations of building an end-to-end…
SingPost has revealed investments in two Hong Kong companies as it continues its aggregation of interests in eCommerce and logistics businesses in the broader Asian region. SingPost subsidiary Quantium Solutions Holdings has spent HK$8 million (about $1.5…
A firm focus on serving the booming eCommerce market has helped Singapore’s national postal service achieve a record first quarter profit. SingPost on Wednesday says in made S$46.6 million net profit in the first three months as its eCommerce strategy paid…
Alibaba Group has agreed to take a larger stake in Singapore Post and invest in a subsidiary of the publicly traded post office to strengthen their joint development of eCommerce logistics services in the Asia Pacific region. The deal, announced today, calls…
When a German lingerie model needed to promote bras on-line in Malaysia, it turned to Singapore’s almost 200-year-old nationwide postal service. Singapore Publish constructed an internet site, developed a advertising technique and now delivers packages for…
SingPost’s intelligent embracement of the web buying revolution is a case research different nationwide postal providers all over the world ought to take discover of. Final week, SingPost opened its 100th POPStation – a parcel supply and assortment service…
Trikomsel, one of Indonesia’s largest mobile device retailers, and SingPost, one of Asia’s biggest logistics providers for eCommerce, have announced a partnership to take advantage of the growing opportunities of eCommerce in Indonesia. The name – and even…
