The Business Times
business-time-50
GARAGE
·
SUBSCRIBERS

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

google-preferred-sourceAdd BT as a preferred source
Sharanya Pillai

Sharanya Pillai

Published Mon, Apr 19, 2021 · 09:50 PM

    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.

    LogisticsE-commerceShopeeLazada

    TRENDING NOW

    Longest-serving chief minister Taib Mahmud’s legacy looms large over Sarawak as a family feud over his estate threatens to expose skeleton’s in the eastern state’s political closet.

    On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart

    Thailand’s target is to export seven million tonnes of rice globally in 2026, but the Middle East war has turned the world topsy-turvy with supply disruptions, high oil prices and economic uncertainty.

    Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why

    PayPal has struggled despite its storied history as a financial-technology company.

    PayPal plans job cuts as its new CEO pursues turnaround strategy

    Senior Minister of State for Digital Development and Information Tan Kiat How said the government is working with partners who have access to Anthropic's Mythos to understand its capabilities.

    MAS, bank CEOs convene over AI cyberthreats; boards told to own risks, not leave to IT teams

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More