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SingPost to boost e-commerce business with US and Europe services

It expects online transactions to jump in coming years and plans to expand freight services and warehouses in the West

Published Mon, Oct 12, 2015 · 09:50 PM

Singapore

SINGAPORE Post (SingPost), which counts Alibaba Group Holding as its second-biggest shareholder, plans to expand freight services and warehouses in the US and Europe as Asia's emerging middle class drives online purchases from overseas.

SingPost expects online trans…

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