E-commerce giants bulk up on logistics, but it's not endgame for 3rd-party players
S-E Asia logistics firms betting on value-add, efficiency, cost control to stay in game; but may face disruption and consolidation in longer term
Add BT as a preferred source
Singapore
BRIGHT orange vans, with "Shopee Xpress" emblazoned across in white font, have become a common sight on Singapore's roads. This reflects a growing trend across South-east Asia: e-commerce marketplaces bulking up on in-house logistics.
Third-party logistics (3PL) startups The Business Times (BT) spoke to are aware of the trend, but they say they will complement, rather than compete with, their e-commerce clients.
TRENDING NOW
Onitsuka Tiger pivots from Asics stripes to tap luxury market
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
Sunway MCL, CSC make bold bet on River Valley site with S$1,730 psf ppr bid at S$750.6 million
