Thailand Post seeks tech joint venture

Mr Dhanant says the planned joint venture will drive Thailand Post to become a "Tech Post" company. (Photo: Sirivish Toomgum)
Mr Dhanant says the planned joint venture will drive Thailand Post to become a “Tech Post” company. (Photo: Sirivish Toomgum)

Thailand Post expects to formulate a joint venture with technology partners to create an “in-house tech engine” for developing logistics tech solutions to serve its own operations and outside businesses.

According to president Dhanant Subhadrabandhu, the joint venture is expected to be established next year.

Thailand Post expects to hold a 25% share in the venture, and is in talks with a number of tech companies regarding a deal, he said.

Mr Dhanant said the move is similar to Krungthai Bank’s investment via subsidiary Infinitus with a tech company to develop the Pao Tang application.

The joint venture would focus on both logistics and other related businesses.

“The venture would drive Thailand Post to become a ‘Tech Post’ company and trusted logistics brand in the region,” he said.

Mr Dhanant said the agency invested 1.5 billion baht in IT development this year, including on the replacement of some parts of its existing IT system.

Thailand Post reported total revenue of 16.9 billion baht for the first nine months of 2025, up 7% year-on-year.

The transport and logistics group made the biggest revenue contribution with 7.99 billion baht, or 47.4% of total revenue, rising 8.42% year-on-year.

This growth aligns with economic expansion across several industries, including retail, e-commerce, fashion and lifestyle.

Mr Dhanant said 2025 is the first year Thailand Post has begun to see concrete results from its investments in network expansion, technology, service quality and human resources.

Meanwhile, customer trust and brand confidence have reached record highs: the 2025 brand confidence survey showed an increase to 97.9%, up from 91.9% in 2024.

Thailand Post is also positioning itself as a key player in international logistics, one of its core strategic business areas.

Between 2024 and 2025, international delivery volumes have grown steadily, reflecting strong confidence among Thai businesses that rely on Thailand Post’s global network to expand their exports.

Express Mail Service remains the top performer, accounting for 34% of all international delivery revenue.

Looking ahead to 2026, Thailand Post aims to enhance cross-border service standards to meet global benchmarks.

It plans to expand logistics partnerships with key international destinations, enabling Thai entrepreneurs and online sellers to access new markets more easily and at competitive costs.

The company also launched fulfilment services for Amazon FBA (Fulfillment by Amazon), designed for sellers on Amazon.com wanting to ship products from Thailand to the US.

Thailand Post collects deliveries and handles customs clearance, delivering products directly to Amazon FBA warehouses for distribution.