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.”
Singapore-headquartered e-commerce fulfilment company Anchanto said it has successfully completed a Series B round and “created an alliance” with Transcosmos Inc of Japan, but did not disclose the amount.
Different countries produce different types of entrepreneurs and startups, but while the flavours might be different, these startups all rely on the same kinds of services and products to succeed, writes Justin Hall.
Kuala Lumpur-based hyperlocal logistics company NeonRunner intends to raise US$3 million in its next round of funding, and having learned its lesson from the plunge of the ringgit, is seeking it in the greenback.
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).
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, 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).