ule.com is a China Post eCommerce platform that connects the offline outlets with online and mobile services, supported by China Post’s extensive logistics network. China Post will provide the online and offline platforms while KCO Logistics — a Malaysian logistics company based in Guangxi — will be China Post’s logistics provider. The setting up of the virtual Malaysia Pavilion on ule.com would see China Post pledging to import 2,000 single kind units (SKUs) of Malaysian products for one year for about RM300 million. The products range from food products, health & wellness products to fast-moving consumer goods and will also be made accessible to China Post’s 600,000 offline stores in China. “This MOU will pave the way for products by Malaysian small and medium enterprises (SMEs) to be marketed on China Post’s vast online and offline networks,” he said.

Source: New Strait Times September 15, 2017 08:03 UTC