How Alibaba-backed Flash and Best are shaking up $6.6b Thai logistics market

A monitor displays Alibaba Group Holding Ltd. signage on the floor of the New York Stock Exchange (NYSE) in New York, U.S., on Tuesday, Jan. 2, 2018. Photographer: Michael Nagle/Bloomberg

Bangkok’s streets have been painted yellow and red by delivery trucks and motorcycles from Flash Express and Best Express lately, thanks to booming online trade that has resulted in fierce competition between logistics companies and has also drawn in global players like Alibaba Group Holding.

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