Submitted By:  Arianna Danganan Case Study:  No It is divesting Jagged Peak and TradeGlobal to focus on regional operations. Singapore Post’s (SingPost) sale ...

PUNTERS are rejoicing over news that mainboard-listed Singapore Post (SingPost) has decided to sell off its struggling US units. The counter leapt to S$1.06 - a level not seen since last October - at Thursday's open, after the move was disclosed overnight.

The divestment move follows a strategic review of SingPost's US-based e-commerce businesses. The post Why SingPost is selling US e-commerce units Jagged Peak, TradeGlobal appeared first on DealStreetAsia.

SINGAPORE (April 4): Singapore Post Limited (SingPost) has announced its intentions to sell its controlling stakes in US e-commerce businesses, Jagged Peak and Trade Global, as part of its strategic review. In filing on Wednesday night, the postage and e-commerce company says it believes its streng...

THE following companies saw new developments that may affect trading of their shares on Thursday:

Submitted By:  Nathanielle Punay Case Study:  No It believes it has more advantage in Southeast Asia and the Asia Pacific regions. Singapore Post Limited will comme...

THE following companies saw new developments that may affect trading of their shares on Thursday:

CONFIRMING market chatter, Singapore Post (SingPost) announced on Wednesday night the board's decision to sell its two struggling United States e-commerce subsidiaries, Jagged Peak and TradeGlobal.

SINGAPORE: Singapore Post (SingPost), which has been in the spotlight over a series of lapses, said on Wednesday (Apr 3) that it will sell two of its US e-commerce subsidiaries following a strategic review. "SingPost believes its strengths and strategic competitive advantages are in Southeast Asia ...

MAINBOARD-LISTED mailman Singapore Post (SingPost) will sell off its struggling e-commerce units in the United States, in a board decision that was announced on Wednesday.