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Big players from overseas and local residential developers flocked to the Thai logistics market to capitalise on the sector's rise, with occupancy hitting an all-time high the past decade.
Big players from overseas and local residential developers flocked to the Thai logistics market to capitalise on the sector's rise, with occupancy hitting an all-time high the past decade.
Express delivery operators are emphasising partnership, customer engagement and service speed as key drivers to scale beyond low prices amid the economic headwinds of high fuel costs and tough competition in the segment.
TikTok Shop, the e-commerce business of TikTok, recently formed a partnership with Thai logistic company Flash Express to offer year-round delivery for shoppers.Flash Express, the door-to-door pickup and delivery service with over 12,000 stores covering all 77 provinces in Thailand, will be available for all merchants on TikTok Shop. The company, founded in 2017 and count Alibaba as an investor, currently ships over 1 million parcels per day, and offers COD(Cash-on-Delivery) as a payment method.TikTok Shop was officially launched in April this year, with Thailand, Vietnam, Malaysia and Philipp...
Line Man Wongnai, a food delivery service operator, has raised US$265 million in Series-B fundraising, enabling its valuation to surpass $1 billion and thereby achieving unicorn status.