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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: Thailand's 4.0 Revolution BANGKOK, July 30, 2021 /PRNewswire/ -- Thailand's Ministry of Foreign Affairs says that the country is on the verge of turning into an Asian digital behemoth. In June 2021, Thailand's start up scene celebrated its first unicorn with Flash Group, a Thai e-commerce logistics and delivery services provider Flash Express, after the company's Series D+ and E funding raised more than USD 150 million, shooting up its total value to more than USD 1 billion. Thailand also boasts other "half-unicorns" that are expected to join the coveted ranking soo...
Thailand Post expects delays 1 The country's 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 country's 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 of parcels at its facilities. Dhanant Subhadrabandhu, chief executive of Thailand Post, said some...
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 Niyomthai, head of IT business development at Com7, a SET-listed IT retail chain, said the company dealt wit...