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Showing posts with the label Teleport
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Promising Outlook for Teleport as it Accelerates its Mission to Build a Stronger Infrastructure Connecting Southeast Asia
The End-to-End Logistics Provider Also Welcomes New Independent Board Members with a Focus on Strengthening Strategic Capabilities and Regional Growth Teleport, the logistics venture of Capital A has delivered a strong quarter with a 58% YoY revenue growth mainly attributed to investment in a freighter-like network, and a continued focus on e-commerce delivery. With the return of travel and belly capacity in passenger planes in Southeast Asia, Teleport is ready to accelerate operating the fastest and most accessible logistics infrastructure in Southeast Asia. Pete Chareonwongsak, Chief Executive Officer of Teleport said, “The re-opening of international borders along with the return of passenger flights will allow us to demonstrate fully our operating model at scale. This is already evident in the increase of revenue via belly capacity as well as our delivery volumes growing by 60% QoQ, which allowed us to reach profitability in cross-border delivery in March. With the fast shifting de
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Teleport to launch online accessibility to its air cargo capacity in Asia with WebCargo, the leading cargo booking platform
Teleport to provide Digital Air Cargo pricing, capacity and eBooking on WebCargo on WebCargo in March 2022 In an effort to ensure that freight forwarders and direct shippers can fully take advantage of the increased global air cargo capacity, Teleport, the logistics venture of Capital A (formerly AirAsia Group) that operates one the most prominent regional carriers, will soon go live on WebCargo, enabling easier and faster digital access to Teleport’s fleet capacity to over 3,000 global freight forwarders around the world. Since 2020, Teleport has built a cargo-only network to key markets in Asia, connecting via its hubs in Kuala Lumpur and Bangkok to cater for the increasing e-commerce and overall cargo demand and also offers the extensive belly spaces via Airasia’s passenger flights in Malaysia, Thailand, Indonesia and the Philippines. Teleport’s capacity will initially be available for customers in Malaysia, Singapore, Japan, Australia, Korea, Manila and India before rolling out to
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AirAsia’s Teleport to acquire delivery platform Delivereat for USD 9.8 million
Teleport, airasia digital’s logistics venture, has signed an agreement to acquire local Malaysian online food delivery platform Delivereat valued at USD 9.8 million paid in both cash and Teleport shares. The deal values Teleport at USD 300 million and welcomes prominent investors, including venture capital firm Gobi Partners onboard. As part of the acquisition, Delivereat’s founders Leong Shir Mein and Tan Suan Sear will be joining the management team at Teleport and airasia digital. Leveraging on AirAsia’s network, Teleport’s ambition is to deliver door-to-door in under 24 hours across Southeast Asia. Tony Fernandes, Chief Executive Officer of AirAsia Group said, “We are truly excited about this partnership as it supports our strategy to continue to serve the underserved and become the best value delivery company in Asean, on the ground and in the air. At the same time, it strengthens airasia digital’s plan to cover the end-to-end logistics chain, from first mile to last mile deliveri
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AirAsia Group ramps up cargo services with Freightchain’s digital interlining
In an effort to further strengthen its cargo footprint across the region, airlines under the AirAsia Group have made available cargo spaces on their flights on Freightchain, the world’s first digital air cargo network based on blockchain. Increase cargo space utilisation on flights with Freightchain AirAsia's cargo services are managed by its logistics venture, Teleport who has also adopted Freightchain in order to provide AirAsia and other airlines a platform to increase their cargo capacity utilisation. With Freightchain, AirAsia is now able to fully interline its flights digitally with other airlines, allowing for a faster and more on-demand connectivity to transport cargo across Southeast Asia and beyond. This will greatly benefit cargo-related businesses such as exporters, importers and freight forwarders as it simplifies the process and improves efficiency that translates into huge cost savings. Tony Fernandes, Chief Executive Office of AirAsia Group, said, “As we continue to
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airasia’s Teleport Paving Way To Become Asia’s Leading Logistics Provider
The interior of a converted AirAsia A320 passenger aircraft as a cargo-only aircraft. Teleport, the logistics venture of airasia digital is ramping up its delivery and digital cargo capabilities to meet significant e-commerce growth that has been accelerated by the COVID-19 pandemic. The pandemic has encouraged consumers to trust and rely on the convenience of e-commerce, boosting growth of the industry. Last year, digital e-commerce sales grew tremendously by 28% globally. This trajectory will be further bolstered by increased speed and highest quality cross border delivery alongside enhanced convenience and the lowest rates. The trend is expected to gain further momentum as consumers continue to embrace e-commerce, which is expected to amount to over 3 billion users in Asia by 2025. Tan Sri Tony Fernandes, CEO of AirAsia Group said, “Teleport is an integral part of the digital travel and lifestyle ecosystem we are building to become the Asean super app of choice. I am extremely prou
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Teleport Expands Delivery Capabilities with Postal and Courier Licence
Teleport, the logistics venture of airasia digital has successfully obtained its Postal and Courier Licence from the Malaysian Communications and Multimedia Commission (MCMC) for a tenure of three years until December 2023. Teleport is ready to make deliveries more seamless The license, which is under the Non-Universal Service Licence (Class A) category allows Teleport to provide both international (inbound and outbound) as well as domestic courier services in Malaysia. Head of Delivery Operations of Teleport Siva Indran said, “Teleport has continued to grow steadily despite the challenging operating environment, and we are very excited to finally be granted our very own Postal and Courier Licence by MCMC for three years. This also enables us to control our own supply chain and grow our capabilities in tandem with our expansion. The ability to deliver right to the doorstep will further add towards our mission to provide excellent services to our customers in Malaysia, as well as thro
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Teleport to Deliver Vaccines To East Malaysia
Teleport is ready to use AirAsia’s fleet to deliver vaccines to East Malaysia In an effort to combat the COVID-19 pandemic with the upcoming vaccines, Teleport, the logistics venture of airasia Digital, has been appointed by Utama Multimodal Logistics Sdn Bhd (UML), a cold chain logistics services company focused on transporting pharmaceuticals, to deliver future vaccines arriving in Kuala Lumpur to East Malaysia. The Cold Room where the vaccines will be stored before deliveries Leveraging on AirAsia’s wide network in East Malaysia, Teleport will help UML with deliveries of all future vaccines to both Sabah and Sarawak areas which are Sandakan, Labuan, Bintulu, Miri and Sibu. These vaccines will be accorded as priority shipments on all AirAsia flights. Teleport CEO Pete Chareonwongsak said, “Ever since the first news of the vaccines broke out, Teleport has been gearing up our capabilities to transport them. Transporting pharmaceutical shipments requires the utmost care and precision
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NTIS - airasia explores urban drone deliveries
Partner with MaGIC to launch Urban Drone Delivery Sandbox Tan Sri Tony Fernandes, CEO of airasia Group presenting the package from the drone delivery to YB Tuan Khairy Jamaluddin, Minister of Science, Technology and Innovation (MOSTI) witnessed by Datuk Ir. Dr Siti Hamisah Binti Tapsir, Secretary-General of the Ministry of Science, Technology and Innovation (MOSTI), Puan Dzuleira Abu Bakar, CEO of MaGIC and Captain Chester Voo Chee Soon, CEO of Civil Aviation Authority Malaysia (CAAM). Malaysian consumers can look forward to a new shopping experience as Teleport, the logistics venture of airasia Digital today partnered with Malaysian Global Innovation and Creativity Centre (MaGIC), the Lead Secretariat of the National Technology and Innovation Sandbox (NTIS), to launch the Urban Drone Delivery Sandbox and develop a long-term viability of urban drone delivery service. The pilot project for the delivery of goods from airasia’s e-commerce platforms including airasia shop using auto
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Teleport is on the search for Community Entrepreneur in 7 Cities
Teleport, the logistics venture of airasia digital, is launching its very own Community Entrepreneur Program. This two-month program is curated for aspiring Malaysian entrepreneurs to join in and build Teleport’s delivery business in seven cities across Malaysia. These cities are: Ipoh, Seremban, Johor Bahru, Penang, Kota Kinabalu, Kuching and Miri. Enterprising individuals who join this program can earn up to RM3,000 per month and stand a chance at a full time job offer in Teleport Malaysia. They will be trained and tasked with selling Teleport’s delivery services and managing its delivery operations. Entrepreneurs will also be given a list of potential merchants to start approaching and access to various technologies from Teleport to help them throughout this program. Teleport CEO Pete Chareonwongsak said, “We are very excited to roll out this Community Entrepreneur Program in the seven cities across Malaysia. We are growing and right now in 2021, through the uncertainties, we see gr
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