Alibaba invest in SingPost & Other News

[RadX]

something very wrong / bad happened ?

Why so many top level executives leaving ?

 

 

cud be som ecorruption? haia...see la, nationalise privatise the postal svcs this is wat u get...knn

[Jman888]

something very wrong / bad happened ?

Why so many top level executives leaving ?

 

 

maybe something to do with Alibaba   

[RH1667]

cud be som ecorruption? haia...see la, nationalise the postal svcs this is wat u get...knn

 

So far no evident yet.

 

hope IF ( hopefully not ) it really is the case, it will not translate to increasing salary for Sing Post top management to prevent recurrence.

maybe something to do with Alibaba   

 

really have no idea, hope those vested managed to get out before more damage ( if any ) is uncovered.

[RadX]

maybe something to do with Alibaba   

 

 

alibaba taking over? 

[Little_prince]

alibaba taking over? 

 

no lah.

 

postal is still an essential public service.

 

singtel is holding in proxy for TH. 

 

will never sell a controlling stake to alibaba.

 

biggest concern now is if alibaba will pull of the 2nd tranch of investment. given that 1. it has already been extended once. 2. they have just spent 1B in lazada. 3. how badly their cashflow gonna be hit by the coming recession.

something very wrong / bad happened ?

Why so many top level executives leaving ?

 

3rd cfo in the last 3 years if i remember correctly. ( hin lee. daniel. mervyn)

ceo.

coo

3 EVP

2 SVP

and a boatload of VPs.

 

lol.

 

think almost the whole executive leadership team is changed.

[Kusje]

cud be som ecorruption? haia...see la, nationalise the postal svcs this is wat u get...knn

 

You mean privatize right?

[RadX]

You mean privatize right?

 

 

yup...thanks..

[Kusje]

no lah.

 

postal is still an essential public service.

 

singtel is holding in proxy for TH. 

 

will never sell a controlling stake to alibaba.

 

biggest concern now is if alibaba will pull of the 2nd tranch of investment. given that 1. it has already been extended once. 2. they have just spent 1B in lazada. 3. how badly their cashflow gonna be hit by the coming recession.

 

Just curious.

 

How does Singpost tie into Alibaba's strategy?

[Little_prince]

Just curious.

 

How does Singpost tie into Alibaba's strategy?

use singpost as entry into SEA region i guess.

 

Singpost already got a ready regional network set up via QS. can do 3PL. LMD etc .