Listen to this articleFlash Group, Thailand’s unicorn startup, recently announced the closure of its express delivery operations in Malaysia as of Jan 31 after more than three years of service. The guidelines aim to give online sellers greater freedom in choosing their logistics providers. Best Express focuses on large deliveries, while KEX Express (Thailand), formerly known as Kerry Express, has faced accumulated losses the past few years. Flash Express Thailand achieved a profit in 2024 after losses for a few years. “The closure of Flash Express’s operations in Malaysia signals a similar environment in Thailand, highlighting the urgent need for regulatory intervention to ensure healthy competition,” he said.

Source: Bangkok Post January 12, 2026 14:31 UTC