SingPost Archives - Page 4 of 4 - Inside Retail Asia

Singpost to target Indonesia eCommerce

Trikomsel, one of Indonesia’s largest mobile device retailers, and SingPost, one of Asia’s biggest logistics providers for eCommerce, have announced a partnership.

[:en]Alibaba takes stake in SingPost[:zh]阿里巴巴入股新加坡邮政

[:en]China e-commerce giant Alibaba is investing S$312.5 million (US$249 million) to take a 10.35 per cent stake in SingPost.As the national postal service provider in Singapore for over 150 years, SingPost offers integrated communications through its domestic and international postal services and digital solutions for businesses and consumers. SingPost’s e-commerce and related businesses currently account for about 26 per cent of its total revenue.The cooperation will tap into other…

Reebonz takes over Clout Shoppe

Luxury online goods retailer Reebonz will take over SingPost’s e-commerce retail business Clout Shoppe. The National Post of Singapore launched Clout Shoppe back in 2011 as an Internet shopping mall for luxury goods. The postal company said it now wants to focus its resources on driving service quality and enabling the growth of e-commerce in Singapore and Southeast Asia. While taking SingPost’s role out of the front-end of the Clout Shoppe retail business, the move also opens the doo…