Air Asia Unit Investing In Parcel Delivery Firm

Malaysian budget carrier AirAsia Group stated that its unit Teleport will be jointly investing a whopping $10.6mn with a venture capital firm in a joint venture. The investment will be going into EasyParcel, an e-commerce and delivery company that handles บริการส่งของด่วน across the region, with the aim of boosting logistics businesses. EasyParcel, which has about half a million users, will be using the investment, part of their Series B funding to expand their service offerings for small- and medium-scale businesses, according to a statement from AirAsia. The airline also said…

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