SingPost
ADA acquires SingPost’s eCommerce unit to expand its solutions across APAC
Further strengthens ADA’s end-to-end eCommerce capabilities in the region
Serve clients with integrated media, creative, analytics, eCommerce solutions
Singapore’s Carousell launches CarouPay
The company’s first integrated payment system is powered by DBS, Stripe and Visa.
China investments boosting Asean e-commerce
A report by Credit Suisse reveals that the entry of Chinese tech giants into the Asean region is helping develop its e-commerce and payments sectors.
SEA’s e-commerce market to surpass US$25bil by 2020
South-East Asia is poised to become one of the world’s fastest-growing regions for e-commerce revenues, exceeding US$25 billion by 2020 despite several acquisitions, market exits, and many online retailers struggling to achieve profitability.
SingPost revenue grows 24%+ on back of digital initiative
SingPost attributed its strong revenue growth to its continuing expansion into e-commerce and logistics activities, as well as contributions from new subsidiaries.
With e-commerce focus, SingPost restructures
SingPost has announced an updated organisation structure based on four pillars, saying that it has entered “a pivotal stage of its transformation journey.”
SingPost boosts e-commerce logistics platform with TradeGlobal acquisition
SingPost, through its indirect wholly-owned subsidiary TG Acquisition Corp, is acquiring 96.3% of TradeGlobal Holdings Inc from TradeGlobal Parent LLC, which is owned by the private equity firm Bregal Sagemount, for US$168.6 million (or approximately S$236 million).
Drone delivery a milestone for SingPost, but what next?
SingPost’s recent test flight using a drone to deliver a package has got industry tongues wagging in optimism, but the question remains whether drone delivery will become viable enough in the future, writes Benjamin Cher.
SingPost to acquire US logistics company Jagged Peak
SingPost, through its indirect wholly owned subsidiary SP Jagged Peak LLC, has entered into an agreement to acquire a 71.1% equity stake in Jagged Peak Inc for US$15.8 million (approximately S$22.5 million).
The 6 laws of digital transformation, according to SingPost
At the recent Forrester CMO + CIO Conference 2015 in Singapore, SingPost's Timothy Lee laid down a few laws to guide other companies in their digital transformation journey, reports Benjamin Cher.
