Quantium Solutions, a wholly owned subsidiary of Singapore Post that provides cross border mail services, has invested AU$4.3m in a 30% equity stake in HUBBED, an e-commerce service aggregator, and formed a partnership.
Singapore Post plans to develop its e-commerce solution in Australia through the partnership which allows it to use HUBBED’s network of Australian newsagents as pickup and delivery points. This will further develop the company’s network in the region, giving e-shoppers more convenience and choices for parcel delivery.
HUBBED has a network of 680 newsagents in Australia which it uses to provide a parcel delivery service in every major city across the country. The company also plans to offer parcel drop-offs and sale of delivery products in the near future.
Sascha Hower, CEO of Quantium Solutions said, “e-commerce is all about having multichannels – for speed and getting parcels to customers at the times that suit them. People in Australia are busy and active, and working professionals won’t be home during work hours to receive their parcels. We want to make their lives easier by offering them flexibility – through CouriersPlease, they enjoy a nationwide door-to-door delivery service across Australia. Now with this partnership with HUBBED, Australians get another level of flexibility – they can collect their parcels through one of the many newsagents in the HUBBED network. HUBBED’s newsagents are super-friendly, close late and are open on weekends. Customers will now have more choice as they can pick up their parcels any time and at their own convenience.”
Hower, who is also Group Chief Operating Officer of SingPost continued, “We are investing to develop an e-commerce ecosystem to provide seamless access to customers in Australia, and growing markets in Asia Pacific. The ecosystem comprises end-to-end solutions from warehousing to convenient touch points, flexible doorstep delivery and track and trace features. This partnership with HUBBED, which complements CouriersPlease, will help strengthen our e-commerce last mile capability in the regional e-commerce logistics value chain in the region.”
