Pos Malaysia plans to provide logistics services to Alibaba

Pos Malaysia is seeking a more direct role in providing logistics services to Chinese e-commerce giant Alibaba

Pos Malaysia Bhd. plans talks with Alibaba this month on bypassing the middlemen when shipping goods sold on its platforms, Datuk Mohd Shukrie Mohd Salleh, its chief executive officer, said. 

 “Marketplace owners wants to deal with logistic players directly. I’m going to China to meet up with Alibaba and other market players” in October, he said.

Postal companies in Asia are remodeling themselves by expanding overseas to meet rising demand spurred by a global retail e-commerce market valued at about $1.2 trillion by the Universal Postal Union.