While 250 million consumers are now connected via smartphones and 100 million engage in online transactions, e-commerce in SEA is proving to be a tough nut to crack due to constraints in the region’s logistics and payments infrastructure, according to a Bain-Google report.
Lazada Malaysia is experimenting with a same-day delivery service in the Klang Valley with its own fleet of riders, and that’s just the start.
The xCommerce market – which includes e-commerce and other types of online business – will grow rapidly in Asia Pacific, rising from nearly US$7 trillion in 2015 to nearly US$17 trillion in 2019, according to IDC.
UPS has equipped its drivers in Malaysia with the fifth generation Delivery Information Acquisition Device (DIAD V) that it said would increase consistent connectivity and visibility.
SingPost attributed its strong revenue growth to its continuing expansion into e-commerce and logistics activities, as well as contributions from new subsidiaries.
Thai startup unveils tool that helps retailers list their products across multiple marketplaces, announces plans to penetrate Malaysia and Vietnam this year.
Anchanto said it has signed an MoU with Pos Logistik Indonesia to bring its technology, expertise and regional network to the fast-growing Indonesian market.
On-demand land cargo startup TheLorry has raised US$1.5mil; its cofounders speak to Karamjit Singh on their journey so far and what’s ahead.
foodpanda has announced that nearly all deliveries will be undertaken by its inhouse fleet of drivers, a move that it believes will reduce delivery times compared with its previous method of using its restaurant partners’ delivery riders.
SingPost has announced an updated organisation structure based on four pillars, saying that it has entered “a pivotal stage of its transformation journey.”