SingPost puts its struggling US e-commerce units on the market
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Annabeth Leow
Singapore
CONFIRMING market chatter, Singapore Post (SingPost) announced on Wednesday night the board's decision to sell its two struggling United States e-commerce subsidiaries, Jagged Peak and TradeGlobal.
SingPost, citing the early stage of the sale process, could not say, when asked, whether Jagged Peak and TradeGlobal would be sold together or not, and at what asking price.
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