Page 8 - Flash Express News Today

SET-listed logistics company JWD InfoLogistics has partnered with Thailand Post and Flash Express to launch cold chain express delivery under the Fuze Post brand to capitalise on the 34-billion-baht market.

The funding round was led by Cambridge Capital with participation from new investor SoftBank Ventures Asia.

The Next Digital Behemoth: Thailands 4.0 Revolution BANGKOK, July 30, 2021 /PRNewswire/ -- Thailands Ministry of Foreign Affairs says that the country is on the verge of turning into an Asian digital behemoth. In June 2021, Thailands start up scene celebrated its first unicorn with Flash Group, a Thai e-commerce logistics and delivery services provider Flash Express, after the companys Series D+ and E funding raised more than USD 150 million, shooting up its total value to more than USD 1 billi...

Thailand Post expects delays 1 The countrys biggest postal service provider handles an average of 8 million parcels each day. Thailand Post says its postal services could be delayed in some areas due to the pandemic as some of its staff are infected with Covid-19, forcing post offices to shut temporarily. The countrys biggest postal service provider vowed not to hide information about its infected staff and pledged to step up efforts to make sure there is no backlog...

IT distributors not fazed by latest rules published : 10 Jul 2021 at 10:13 IT distributors have expressed confidence the fresh Covid-19 restrictions announced by the government will not have a drastic impact on their operations, saying their online sales are expected to help offset any loss of earnings from the closure of their shops. Parcel delivery operators say they already prepared business plans for stricter rules so they expect a minimal impact. Takon Niyomtha...

The hype is real after Flash Group, which provides Flash Express e-commerce logistics services, was heralded as the first Thai unicorn following its latest funding round, offering hope for others following in its footsteps.

Food trader turns detective

The week saw deal-making and fundraising at a frenetic pace across Southeast Asia, Greater China and India.

Once Flash Group has made its international debut, CEO Komsan Lee will look to take the company public, according to reports.

Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million (4.6 billion baht) in Series D+ and E funding -- just three years into operations, according to the company's owner.