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SingPost unit to buy Australia's Couriers Please for A$95m

Parcel delivery firm has a network of 575 franchisees and handled nearly 11 million consignments in FY2014

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Aussie consumers spent over A$10 billion on online purchases in 2012, and this might reach A$36.8 billion in 2016.

Singapore

IN A BID to strengthen its e-commerce logistics capabilities Down Under, Quantium Solutions, a wholly owned subsidiary of Singapore Post (SingPost), is acquiring Australia-based parcel delivery company Couriers Please Holdings for A$95 million (S$105 million).

E-commerce...

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