SingPost inks JV with Trikomsel to tap Indonesia’s e-commerce market

Via its subsidiary SingPost eCommerce.

SingPost has inked a joint venture with PT Trikomsel, a leading distributor and retailer of mobile phones in Indonesia, to tap on the fast-growing e-commerce opportunities in the archipelago.

Both companies have agreed to form a JV in Indonesia where PT Trikomsel will take a 67% stake and SingPost through its wholly-owned subsidiary, SingPost eCommerce, will take the remaining 33% stake.

SP eCommerce will continue to innovate on and deliver reliable ecommerce services including technology deployment, operations management, warehousing, linehaul and delivery, payment and parcel collection, digital marketing, and post-sales support, whereas PT Trikomsel will leverage its local experience to help optimize the online branded stores for the Indonesian market.