FedEx “enables local SMEs to expand their global reach”

05.02.25 10:04 Uhr

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Federal Express Corporation (FedEx), has expanded FedEx® International Connect Plus (FICP), its international, day-definite e-commerce shipping service, to Singapore.Already available for e-tailers operating in some Asia Pacific markets such as China, Hong Kong SAR, and Japan, the service now empowers Singapore-based e-tailers with a reliable and cost-effective shipping solution to key destinations in the U.S. and Europe.This expanded coverage of FICP aligns with the company’s commitment to support the growth of cross border e-commerce from Asia to the U.S. and Europe. E-commerce sales in Asia are projected to reach USD 13,209 billion by 2030, growing at a CAGR of 17.6% from 2023 to 2030. In Singapore, the e-commerce market is expected to generate revenue of USD 5.91 billion in 2025, with a CAGR of 9.19% from 2025 to 2029, reaching USD 8.40 billion by 2029 . With this expansion, e-commerce merchants in Singapore can now offer their customers an international shipping solution with prices that offer greater value, while ensuring most shipments will be delivered between 2 to 3 business days to the U.S. and Europe.“As e-commerce continues to redefine global trade, FedEx® International Connect Plus enables local SMEs to expand their global reach with greater speed and efficiency,” said Eric Tan, Managing Director of FedEx Singapore. “This service reflects our commitment to delivering innovative, value-driven solutions that empower e-tailers to enhance their competitiveness in international markets. By delivering faster and more cost-effective shipping options, we aim to fuel the growth of Singaporean businesses and elevate the experience of their customers.”Weiter zum vollständigen Artikel bei Post&Parcel

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Analysen zu FedEx Corp.

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22.03.2024FedEx NeutralJP Morgan Chase & Co.
21.12.2023FedEx NeutralJP Morgan Chase & Co.
20.12.2023FedEx NeutralJP Morgan Chase & Co.
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25.06.2021FedEx VerkaufenDZ BANK
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