State-owned postal service provider China Post Group has signed a strategic agreement with e-commerce company Lazada Group to enhance the cross-border logistics solutions for Chinese sellers in Lazada.
The two companies collaborate to enhance the current delivery options for merchants selling small and light items, and develop financial solutions like micro-credit loans and online payment options for logistics fees.
"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 Maximilian Bittner, CEO of Lazada Group, in a press statement.
"As Southeast Asia becomes the next growth market for e-commerce, we see an opportunity to do more for postal deliveries to the region," said Zhang Ronglin, Vice President of China Post. "Through our partnership with Lazada we will improve our existing cross-border delivery services, and build a reliable, end-to-end logistics solution for both of our customers."
Lazada and China Post Group said they are willing to collaborate with cross-border warehousing solutions, logistics-related education and training, and seller on-boarding in the longer term.
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