Australia Post stamps firm footprint in China
THE Postman is ringing twice (with apologies to Jack Nicholson). As its traditional business model, based on letter deliveries, begins to fade into history, Australia Post is embracing the opportunities created by a strategic decision 10 years ago to enter a logistics joint venture with China Post.
Fulfillment of e-commerce business — the ability to consolidate orders and deliver parcels quickly to any consumer — is one of the hottest games in town today. And with China emerging as the world’s biggest e-commerce market, China Post and Australia Post are well-positioned to win further market share, both in China and in broader Asia. Both entities are committed to further investments in their venture.
Australia Post has also established alliances with Alibaba and China UnionPay to open the door for Australian exporters to some 180 million active online consumers in China . . .