Weekly Top 5 e-Commerce Logistic News (2016 Jan Week 3)

Monday News

Weekly Top 5 e-Commerce Logistic News (2016 Jan Week 3)

Don't miss the top 5 e-Commcerce logitics news last week. The article covers news about Fab, Singapore Post, Alibaba, Postnord, Pitney Bowes and Amazon last week.

Fab Co-Founder’s Shopping Site, Bezar, Is Running Out of Money

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Re/code noted that Bezar, a design marketplace that focus on flash sale, is running out of money and appears close to going out of business. Bezar raised $2.25 million early 2015. The article also pointed out that the flash sale pioneer Gilt Groupe sold for just $250M in the previous week, which was a fraction of the $1 billion valuation it once held on paper. Is it the end of the flash sale era?

Singapore Post launches SP Commerce

Ghost Logos SingPost launches SP Commerce, a global omni-channel commerce and fulfilment platform with the integration of TradeGlobal and Jagged Peak (SingPost acquired 71.1% equity). SP Commerce aims to expand SingPost's e-commerce logistics footprint in the United States and provide greater links to China and the rest of the Asia-Pacific. Noting that SP Commerce is launched after Alibaba putting another $207M into SingPost in mid 2015:

  1. Acquired 100% TradeGlobal on Oct 14 2015 ($168.6 million)
  2. Acquired 71.1% Jagged Peak on Oct 9 2015 (US$15.8 million)

SingPost started a similar concept called SP eCommerce in 2015 targeting businesses in Asia Pacific to provide end-to-end eCommerce solutions like website design, warehousing and shipping to post-delivery customer care. It is impressive to see a national postal service keeps improving and extend its role beyond traditional delivery services.

Amazon receives ocean freight license to ship packages from China by sea

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Amazon is now registered to deliver its own products to seaports for ocean shipping, i.e. Amazon can organizes the shipment of goods from a supplier or factory in one region — say, China — to a company or customer somewhere far away, like the U.S. In 2015, Amazon shipped more than a billion packages, making them the largest shipper in the US, said Satish Jindel, a logistics consultant who helped found FedEx Ground. Finding ways to reduce costs is crucial.

PostNord announces new collaboration with Alibaba

Ghost Logos Alibaba is working with numbers of postal services - including Australia Post and the UK’s Royal Mail – to establish country platforms on Tmall Global. Of course, I also mentioned Singapore Post above. PostNord is the next one. Post & Parcel noted that PostNord Denmark has announced that it has entered into a new collaboration with Alibaba which it claims will “make it easier and cheaper for Danish and Nordic e-retailers to reach affluent Chinese consumers”.

“Alibaba Group sees the collaboration as a central partnership that gives Chinese consumers access to high-quality products." Alibaba Group’s country manager for the UK/Ireland and the Nordic region, Amee Chande said.

Pitney Bowes buys Enroute Systems

Ghost Logos Talking about acquisition of eCommerce logistics solution providers, I should name a few here: Stamps.com bought shipstation, shipworks and endicia, NeoPost invested in Temando, Metapack bought Abol, how about recent moves by Pitney Bowes?

Pitney Bowes acquires Borderfree in Jun 2015 for $395 million, and now Enroute Systems (terms of the deal were not disclosed). Borderfree provides cross-border eCommerce solutions including international logistics and fulfillment, marketing, strategies planing. Enroute provides SaaS solutions for retailers to manage manage multiple carriers.