The Business Times

Companies & Markets

The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

SingPost puts its struggling US e-commerce units on the market

Annabeth Leow

Annabeth Leow

Published Wed, Apr 3, 2019 · 09:50 PM
Share this article.

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.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here