On May 31, 2024, China and Malaysia celebrate the 50th anniversary of the establishment of diplomatic relations and designate it as the China-Malaysia Friendship Year. On this occasion, Best Inc., as a leading smart supply chain and logistics service provider, announced that it will deepen its logistics network layout in Malaysia and strengthen cooperation with local communities and enterprises to promote bilateral trade and economic development.

According to the eMarketer report, the Southeast Asian e-commerce market will reach US$113.9 billion in revenue in 2023, with a growth rate far exceeding the global average. The Malaysian e-commerce market has grown by more than 500% in five years and is expected to reach US$20 billion in 2025. Faced with such huge market potential, Best Inc. has continuously expanded its global logistics network since 2015, and has completed the layout of its express delivery network in Thailand, Vietnam, Malaysia and Singapore in 2020.

At present, Best Inc. has 33 self-operated express distribution centers and 1,173 stations in Southeast Asia, with an overseas warehouse area of 48,000 square meters, providing solid support for the growth of the e-commerce market. In 2022, Best will launch large-scale express delivery business in Malaysia, linking with China's express delivery network to meet the diverse needs of consumers.

In 2024, Best will build the largest distribution center in Southeast Asia in Malaysia, equipped with advanced information systems and intelligent equipment to improve logistics efficiency. Lu Miao, general manager of Best Malaysia, said that the company is committed to becoming a trusted partner, providing a full range of logistics solutions, ensuring first-class service and reliability to meet the unique needs of the local market.Editor/Cheng Ting