SATS, SingPost sign MoU for e-commerce hub in Singapore
Together, we aim to drive operational excellence, achieve cost reductions, and elevate the overall customer and partner experience: Bob Chi, SATS
The combined scale of SATS and SingPost will unlock seamless e-commerce flows into, within and out of Asia, building on strategically located hubs in Singapore, and in time to come, Hong Kong and Europe: Li Yu, SingPost
Southeast Asian market is expected to triple with a compound growth rate of 22%, and reach approximately $230bn in GMV, according to projections by McKinsey
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