TechCrunch reported today that Singpost, Singapore's postal service recently unveiled a concept mall (artist rendering above) that allows online retailers to sell their products in a physical space.
"The mall will be located at Singapore Post Centre (SPC) and is scheduled to be completed by mid-2017," wrote TechCrunch's Jon Russell. "The company said it would feature 25,000 square meters of retail space spread across five levels. There’ll be an eight-screen cinema but, most importantly, Singpost envisages the mall being the future of retail — where shoppers can peruse items in store and order them online for delivery to their home."
Singpost would of course act as the middle man between e-tailers and consumers in the mall.
Singpost would of course act as the middle man between e-tailers and consumers, managing logistics and delivery for all purchases made at the mall.
Partner e-tailers are yet to be announced, although Russell notes that Chinese e-commerce giant Alibaba is an investor in Singpost.
The only confirmed tenants at this point are a cinema company (Golden VIllage Multiplex) and a coffee chain (Kopitiam).