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Regional e-marketplace Lazada has signed an agreement with state-owned postal service provider China Post on the matter of cross-border logistics, with the aim of “mutual benefit and serving customers”.

The agreement, which was graced by China Post vice-general manager Zhang Ronglin and Lazada CEO Max Bittner, will see the two groups cooperating on enhancing current delivery options for merchants selling small and light items, and developing financial solutions such as micro-credit loans and online payment options for logistics fees. Both organizations have also expressed interest to collaborate with cross-border warehousing solutions, logistics-related education and training, and seller on-boarding in the longer term.

“With the rapid growth of e-commerce, China Post’s logistics has realised leapfrog development and become the main post and delivery channels for light and small parcels. The new cooperation will optimize cross-border services, while financial services will be expanded to fulfill the demands of e-commerce customers for online payment,” said Zhang.

“Lazada is committed to deliver a best-in-class online selling experience to our partners and a comprehensive, reliable and competitively priced logistics solution is a key element to achieve this. We are pleased to partner with China Post which, with its strong postal network in Southeast Asia and expertise in postal services, will be a vital partner as Lazada attracts more brands and merchants to bring a wider product assortment to consumers in the region,” said Bittner.

Source: Sitec News