Pos M’sia sees revenue boost from PG Mall


Pos Malaysia Bhd’s courier business, Pos Laju, is partnering PG Mall Sdn Bhd to be the latter’s e-commerce logistics partner in the region.

Pos Malaysia group CEO Datuk Mohd Shukrie Mohd Salleh said under the partnership, the courier unit will serve PG Mall’s 5,300 active merchants.

“The partnership between Pos Laju and PG Mall is a significant part of our long-standing strategy to be an exclusive e-commerce logistic services provider not only in the South-East Asia region, but globally,” he said at the signing of the partnership in Kuala Lumpur yesterday.

He said the partnership with PG Mall is expected to contribute RM500,000 in revenue to the courier business.

“Maybe for a start, we will be very humble on the number. So, we are targeting about RM500,000 in terms of revenue within a year.

“With the uniqueness of PG Mall compared to other players in the industry, I believe we can grow a lot faster,” he added.

The courier business is growing fast, aided by the boom of e-commerce. More people are shopping online — from dresses to jeans to beauty products and electronics.

He said providing e-commerce logistics services to PG Mall would further enhance Pos Malaysia’s revenue in the segment. To date, 40% of the group’s overall revenue is backed by the e-commerce segment.

Mohd Shukrie said that Pos Laju will offer other e-commerce related services such cash-on-delivery, credit-card on delivery, special bulky items handling and e-fulfilment services alongside delivery services for the exclusive collaboration.

He expects no less than 300 items will be picked up daily from PG Mall.

PG Mall is an online shopping platform owned and managed by a local group, Public Gold Group of Malaysia. Currently, PG Mall has 5,300 active merchants on its platform.