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This Week in Logistics News (May 11 – 16)

Logistics Viewpoints

Uber Technologies will acquire the Taiwan business of Delivery Hero-owned Foodpanda for $950 million in cash, as Foodpanda focuses on other markets. Foodpanda is one of the largest online food and grocery delivery platforms in Asia with a presence in markets including Singapore, Malaysia, Thailand, The Philippines and Hong Kong.

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High Seas Troubles Affect Global Supply Chains, Part One: Security Risks

Enterra Insights

In the South China Sea, Beijing has asserted sovereign control over parts that have long been international waters, while its push to reunite Taiwan with the mainland raises questions about future transit through the Taiwan Strait.” ” The Taiwan Strait is another area of contention. That’s Illegal. 6] Lolita C.

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Top 10 eCommerce Companies in Singapore

Vinculum

Singapore is an established eCommerce market with a well-developed infrastructure and a tech-savvy population. Sellers interested in breaking into the Southeast Asian market have various options, including starting in Singapore and expanding to other countries afterward. Singapore’s top ten eCommerce sites include: Lazada.

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Blue Yonder Associates Share Their Favorite Chinese/Lunar New Year Traditions

BlueYonder

Sophia Zhong, Singapore , shares: I believe only people from certain areas in Northern China would understand but my childhood favorite is: Coins of Fortune ( 钱饺子): Families in Northern China eagerly prepare for the grand reunion dinner, a symbolic gathering that marks the start of the Lunar New Year.

China 97
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November Global PMI Reporting Reflects Some Stabilization

Supply Chain Matters

Taiwan Moves Closer to Stabilization The S&P Global Taiwan Manufacturing PMI® November report was headlined with Taiwan manufacturing levels “ moving closer to stabilization in November.” This index is a compilation of seven ASEAN nations- Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand , and Vietnam.

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Top eCommerce sites in Singapore in 2022

Vinculum

E-commerce business models are flourishing in the Singapore market. The Singapore economy is booming in the market to empower the other e-commerce sites to generate as much revenue as possible to hike the sales funnel. If a seller wants to enter the Southeast Asian markets, it would be easy to enter Singapore and do business there.

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An Update from Sharm El-Sheikh on Decarbonisation of Transport

The Logistics & Supply Chain Management Society

In April 2022, Singapore and Palau joined the initiative taking the total to 24 country signatories. We saw the first Green Corridor MOU between the ports of Los Angeles and Shanghai; other ports followed with agreements, including Gothenburg and Rotterdam, Gothenburg and Gent, Hamburg and Halifax, and Rotterdam and Singapore.