Singapore Post Limited (SingPost) said on Thursday that it has won the 15th World Mail Award 2014 for e-commerce.
The postal service provider, which has been in the limelight since China’s biggest e-commerce company, Alibaba, agreed to buy a 10 per cent stake in the company, said it beat rivals Deutsche Post and Cycleon to emerge winner in the e-commerce category for its low cost e-commerce delivery model.
Businesses are able to tap on SingPost’s fully integrated e-commerce logistics solutions covering the four key areas of freight, customs & regulations management, warehousing & fulfilment, last-mile delivery & returns and e-commerce web services at a low cost under a single brand.
On the award, Wolfgang Baier, SingPost Chief Executive Officer, said the group had to reinvent its postal business.