Logistics

XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised SGD 10.5 million ($7.78 million) in Series A funding. The round was led by Wavemaker Partners, the Southeast Asia's leading venture capital firm, with participation from SEEDS Capital, the investment arm of Enterprise Singapore–and Goldbell…

Teleport, the logistics arm of Malaysia-based Capital A Bhd, said Monday it is targeting to deliver two million parcels daily by 2025.

MJets Air, the commercial air cargo operator of MMAG Aviation Consortium (MAC), has announced a new partnership through an aircraft charter agreement with Teleport Everywhere (Singapore), which caters to Teleport Commerce Malaysia(Teleport Malaysia), an integrated logistics solutions provider and logistics venture of Capital A Berhad.

Asia MOVE, formerly known as airasia Superapp, has seen its monthly active users (MAU) grow 19 percent year on year growth to 15.34 million in the first quarter.

WEE, a marketplace specializes in fast delivery services within Dubai, has announced a $10 million infusion (comprising equity and credit facilities) from SIG INVESTMENT.

Teleport, a Malaysia-based integrated logistics solutions provider, announced Monday that it will be managing the exclusive commercial rights of Vietjet Air Cargo’s New Delhi – Ho Chi Minh City belly space.

Strategically located and with flights just hours from half the world’s population, Hong Kong is an ideal bridge connecting the East and West. In addition to its advantageous location which primes the city for a booming e-commerce and logistics ecosystem, Hong Kong’s robust economic growth is further bolstered by the strength of its trading and logistics…

Australian pension fund UniSuper and property fund manager ISPT have on Wednesday announced they have acquired a Sydney airport site to build AUD 3.9 billion ($2.5 billion) logistics hub.

Malaysia-based MOVE Digital, digital arm of Capital-A which is formerly known as airasia Superapp, has achieved annual revenue of MYR 689 million ($145 million), marking a 72 percent year on year increase.