China Post Group, the state-owned postal service provider, and online shopping destination Lazada Group have signed a strategic agreement to enhance cross-border logistics for Chinese sellers on the platform.
Areas of collaboration include enhanced delivery options for merchants selling small and light items, and developing financial products such as micro-credit loans and online payment options for logistics fees.
Both organisations are also interested to collaborate on cross-border warehousing, logistics-related education and training, and seller on-boarding.
“Lazada is committed to deliver a best-in-class online selling experience to its partners, and a comprehensive, reliable and competitively priced logistics solution is a key element to achieve this,” says Lazada Group CEO Maximilian Bittner.
“China Post, with its strong postal network in Southeast Asia and expertise in postal services, will be a vital partner as Lazada attracts more brands and merchants.”
“As Southeast Asia becomes the next growth market for eCommerce, we see an opportunity to do more for postal deliveries to the region,” says China Post vice-president Zhang Ronglin.
Launched in 2012, Lazada Group has a presence in Indonesia, Malaysia, Singapore, Thailand, the Philippines and Vietnam. Its products include consumer electronics, household goods, toys, fashion and sports equipment. It has direct access to about 560 million consumers in six countries.
You have 7 articles remaining. Unlock 15 free articles a month, it’s free.