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Revisions

Does SingPost still have a growth story to tell?

In print this week

Does SingPost still have a growth story to tell?

Trinity Chua Published on Fri, May 19, 2017 / 12:11 PM GMT+8

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SINGAPORE (May 19): On May 17, Singapore Post announced a deal with Southeast Asia’s largest online shopping platform Lazada Group.

Lazada Singapore has moved its warehouse operations to the SingPost Regional eCommerce Logistics Hub in Tampines to boost efficiency and turnaround time. The partnership may be just what the 198-year-old postal services company needs to court disillusioned shareholders.

(See also: Lazada Singapore moves entire warehouse operations to SingPost’s ecommerce logistics hub)