Pos Malaysia partners CollectCo as part of expansion plan

The strategic partnership with CollectCo will provide Pos Malaysia’s e-commerce customers new touchpoints for parcel collection and delivery services

By TMR / Pic By BLOOMBERG

POS Malaysia Bhd has formed a partnership with CollectCo Services Sdn Bhd to extend the national courier’s parcel delivery and collection services to more than 1,000 CollectCo partner outlets in the country.

CollectCo is one of the leading parcel delivery and collection networks with the focus on e-commerce merchants and customers.

The strategic partnership with CollectCo will provide Pos Malaysia’s e-commerce customers new touchpoints for parcel collection and delivery services, offering picking up or delivering services across 1,255 partner outlets.

The outlets include convenience stores, pharmacies and stationery shops.

Pos Malaysia group CEO Syed Md Najib Syed Md Noor said the company is pleased to have CollectCo as its strategic partner to expand Pos Malaysia’s reach and touch points.

“The partnership is in tandem with our transformation focus to expand our network, increase our brand presence and grow our revenue by widening our customer base,” he said in a statement.

The partnership would enable customers to lodge shipment, pick up and drop off their parcels at these outlets. Pos Malaysia’s merchandise items are also available at selected CollectCo outlets.

Pos Malaysia is working to improve its cost structure and to achieve financial sustainability ID needs through agent and partneroperated outlets, as well as utilisation of parcel lockers at 250 locations nationwide.

“With this partnership, we are committed to ensuring that Pos Malaysia has the widest reach and provide the best services to our customers, catering to the demand of the country’s booming e-commerce market, complementing our PosLaju outlets and post offices across 860 locations nationwide,” Syed Md Najib said.

“We are excited how this partnership leveraging our innovative retail management, retail networks and technology can provide convenience to smaller businesses, social selling communities and consumers nationwide,” said CollectCo founder and CEO Dylan Wong.

“It literally makes sending and receiving parcels fast and easy for sellers, buyers and merchants. I am confident that this partnership will not only accelerate the expansion of Pos Malaysia’s touch points nationwide, but at the same time provides opportunities for existing retailers and entrepreneurs to explore alternative income that leverage growth of the e-commerce industry.”