China Post and Lazada agree cross border logistics deal
China Post Group has signed a cross-border logistics agreement with the Singapore-based e-commerce company Lazada. According to statement issued by China Post today (12 July), the companies will cooperate “on warehousing, finance, training, market expansion and other fields”.
China Post Vice-General Manager Zhang Ronglin and Lazada CEO Max Bittner were at the signing ceremony.
“With the rapid growth of e-commerce, China Post’s logistics has realized leapfrog development and become the main post and delivery channels for light and small parcels,” said Zhang said. “The new cooperation will optimize cross-border services, while financial services will be expanded to fulfill the demands of e-commerce customers for online payment.”
Lazada.com is a privately owned Singaporean e-commerce company. Founded by Rocket Internet in 2012, Lazada operates e-commerce sites in countries across Asia, including Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam. In April, the group received a strategic investment from Alibaba.
