GDEX 2.0 initiative making headway

“GDEX 2.0 is an ecosystem for the future. It entails building a complete logistics ecosystem of technology partners and synergistic businesses in Malaysia and South-East Asia,” said Teong.

HAVING seen its Malaysian last-mile delivery business badly impacted by cut-throat pricing driven by the entry of foreign giants, GDEX Bhd has set in motion a pivot which holds promise.

Dubbing its new venture GDEX 2.0, the move is one that aims to morph the group into a provider of technology-based solutions from cybersecurity, to eCommerce and payment solutions for businesses.