- 17 May 2017
- Transport / Logistics Services
Alibaba backed Lazada Singapore has moved all its warehousing operations to the SingPost Regional eCommerce Logistics Hub in Tampines Logistics Park.
SingPost also is partly owned by Alibaba and the two companies have stated that they are looking to “leverage on each other’s strengths to meet rising eCommerce demand in Southeast Asia”.
“Moving Lazada Singapore’s entire warehouse operations to the SingPost Regional eCommerce Logistics Hub is the next natural step as we seek closer integration with our partners to better serve the needs of Singapore customers,” said Alexis Lanternier, CEO of Lazada Singapore. “With the recent launch of 99SME, our local sellers have access to more than 3.5 million monthly visitors in Singapore. Moving forward, we can help them expand and sell regionally.”
The SingPost Regional eCommerce Logistics Hub integrates warehousing and delivery hub capabilities into one building.
Sam Ang, Executive Vice President of SingPost, and CEO of Quantium Solutions International, added: “This collaboration sees Lazada’s eCommerce platform and SingPost’s end-to-end logistics capabilities coming together and it will result in scale and efficiencies for both of us.”
Earlier this week Apex Insight reported how SingPost had made great gains in profits despite the failings of its US operation. This move, apparently instigated by Alibaba, should make better use of its estate and the efficiencies may well contribute to even better profits in the coming 12 months.
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