SingPost opened its first standalone POPStop in March 2024, at Tampines MRT station, aimed at bringing greater convenience to commuters by integrating parcel drop-offs and returns as part of their daily commutes. SingPost and Stellar Lifestyle plans to expand the trial to more train stat...
Ms Neo Su Yin, Chief Executive Officer, Singapore, SingPost, said: “Convenience and ease of doing business are essential in the eCommerce sector - for sellers to be able to drop off their packages easily and in a timely manner; and for consumers to have that added option when i...
Letterbox, POPStation and Parcel Santa locker delivery options will be made more readily available, giving Lazada sellers access to more drop-off points to deposit eCommerce parcels while consumers will have more choices to collect parcels at their convenience. Given that each Postman is abl...
Mr Richard Lai (Group CFO): Good question, I would say that some years back we looked at the Post and Parcel business and we all thought that that business is going to shrink very quickly and die off altogether, but what the truth has been so far – what we have seen is that ...
Some of this becomes structural and while there may be some tapering off, it does not translate to a drop in numbers but rather may translate to slower growth. That is what we have discovered. 14 What leads to the numbers coming down is not the shrinking back of people...