SingPost continues acquisition spree, picks up stake in two HK companies

SingPost continues acquisition spree, picks up stake in two HK companies

Visual from SingPost

Singapore Post has acquired two Hong Kong based companies as part of its ongoing strategy to extend its regional footprint through M&As and partnerships. This marks the latest in a series moves the SGX-listed company has undertaken to  invest in e-commerce and digital businesses in order to sustain its business, and avoid the fate of traditional postal companies across the region that are fighting for survival.

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