SCG Logistics Management Company Limited and JWD InfoLogistics PCL, the two leading logistics and supply chain service providers at the ASEAN level, together announced a crucial merger deal to become the largest Integrated Logistics and Supply Chains Solutions Provider in the ASEAN region. The move combines the two firms’ strength and increase the service level […]

Thailand-based digital platform for e-logistics GIZTIX announced that it raised $10 million in its Series B funding round. Leading the round is WHA Group, a fully-integrated logistics, and industrial facilities solutions corporation in Thailand, and Bualuang Ventures, a subsidiary of Bangkok Bank. Other investors include Thai conglomerate Siam Cement Group (SCG)’s corporate venture capital arm […]

Ninja Van, a Singapore-based logistics startup is the latest entrant in the unicorn club after it raised $578 million from Chinese ecommerce giant, Alibaba Group. Existing investors B Capital Group (a venture capital firm by Facebook), DPDgroup/GeoGroup (a European parcel delivery company), along with Zamrud (Brunei’s Sovereign Wealth Fund), and Monk’s Hill Ventures also participated […]

Thailand-based logistics and ecommerce startup Flash Express has tied-up with AIF Group to develop the logistics industry in the region. Flash Express and AIF Group Laos have announced a joint investment to launch Flash Laos, an air and land delivery service in Laos. With the launch of Flash Laos customers will be able to courier […]

Flash Group, a full service e-commerce logistics company, has become Thailand’s first unicorn after raising $150 million in Series D+ and Series E funding, according to an announcement. The startup’s achievement comes barely three years into operations. It now seeks to become one of the top three logistics businesses in Southeast Asia within the next […]