SingPost acquires 30% stake in e-commerce firm Hubbed
Australian service aggregator has network of 680 newsagents to provide parcel service delivery
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Singapore
SINGAPORE Post (SingPost) has acquired a 30 per cent stake in Australian e-commerce firm Hubbed Holdings for about A$4.3 million (S$4.45 million).
The investment was made through indirect wholly owned Quantium Solutions (Australia), which acquired 85,715 ordinary shares in Hubbed.
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