Pos M’sia plans to provide logistics services to Alibaba


DRB-Hicom's disposals would enable it to consolidate its logistics business under Pos Malaysia.

KUALA LUMPUR: Pos Malaysia Bhd is seeking a more direct role in providing logistics services to Chinese e-commerce giant Alibaba Group Holding Ltd, tapping a boom in online retailing.

The company planned talks with Alibaba this month on bypassing the middlemen when shipping goods sold on its platforms, chief executive officer Datuk Mohd Shukrie Mohd Salleh said.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , pos , alibaba , logistic

   

Next In Business News

Trading ideas: Maxis, Bank Islam, Malaysian Flour Mills, Menang, HeiTech Padu, Reservoir Link, MGRC, IGB REIT, Affin Bank and Excel Force
Bursa snaps four-day losing streak to end higher
Keyfield FY23 earnings rise to RM105.5mil
Reservoir Link sub-unit bags RM22mil job
IGB-REIT net profit up 11.1% to RM99.61mil in 1Q
Maxis enhances network with RM813mil investment
Morgan Stanley plans biggest round of China job cuts in years
M’sia on right track in sustainable financing
Lower loan growth likely for Maybank in FY24
Higher OOH beverage consumption a boon for F&N

Others Also Read