Logistics
Lazada commits $100M to enhance LazAffiliate Program and power creator commerce in SEA
Lazada, a Singapore-based eCommerce platform, announced Monday an annual investment of $100 million in the Lazada Affiliate Program (LazAffiliate Program) in Southeast Asia.
Maybank sees Indonesia’s new logistic regulation to benefit third-party players
Maybank Investment Bank said Wednesday that Indonesia's new logistics rules to benefit third-party logistic providers.
Capital A sets sight on Saudi Arabia with plans to expand aviation and logistics ecosystem
Malaysia-based Capital A Berhad announced Wednesday its plans to significantly expand into Saudi Arabia, marking a pivotal step in the Group's Middle East growth strategy.
Sin Chew Woodpaq secures strategic investment from Heliconia Capital to fuel regional growth
M3 SG Pte Ltd, the holding company of Sin Chew Woodpaq Pte Ltd, a logistics provider in Singapore, has signed and secured a strategic investment from Heliconia Capital Management to accelerate regional expansion and innovation in specialized logistics solutions.
Teleport inks partnership with Emirates SkyCargo to combine global network, strengthen trade and eCommerce flows
Teleport, AirAsia’s exclusive cargo partner, has signed a preferred partnership with Emirates SkyCargo, the cargo arm of the world’s largest international airline, to combine global network and strengthen trade and eCommerce flows.
Hong Kong’s ESR commences development of $1B final phase of logistics park in Japan’s Kawanishi with inaugural domestic fund closing
ESR Group Limited, a Hong Kong-based real asset owner and manager, has broken ground on ESR Kawanishi Distribution Center 3 (ESR Kawanishi DC3), the third building and the final ready-built facility of its integrated full-service ESR Kawanishi Distribution and Techno Park (ESR Kawanishi) in Osaka, Japan.
Filipino startup Shoppable raises $1.16M in seed round led-by Ignite House of Innovation
Shoppable Business, a Filipino supply chain technology company, has raised a seed round of $1.16 million to fuel its growth and enhance its end-to-end supply chain platform in the Philippines.
J&T Express achieves profit in 2024 after recording 15.9 percent growth in revenue
J&T Global Express Limited, a global logistics service provider, has achieved full-year profit for the first time in 2024 after recording 15.9 percent in revenue growth.
AirAsia MOVE’s revenue up 29 percent quarter on quarter in 4Q
Malaysia-based Capital A online travel agent (OTA) platform AirAsia MOVE has improved its growth trajectory in the fourth quarter from the preceding quarter, closing with MYR 166 million ($37.22 million) in revenue, up 29 percent quarter-on-quarter.
Senior Aerospace UPECA and DHL team up for more sustainable air freight with SAF
Senior Aerospace UPECA, a Malaysia-based subsidiary of Senior plc, an international manufacturer of high technology components and systems, has signed an agreement with global logistics firm DHL Express for the use of the GoGreen Plus service.
