SPX Express

Name

SPX Express

Legal name

SPX Xpress (Malaysia) Sdn. Bhd.

Website

https://spx.com.my

Company type

Private

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Last-Mile Parcel Delivery and Logistics Services

NAICS

Couriers and Express Delivery Services (4921), Couriers and Express Delivery Services (49211), Local Messengers and Local Delivery (4922)

SIC

Air Courier Services (4513)

akta.pro primary industry

E-commerce Express (Fast/Next-Day for Online Retailers) (TLAAABAF)

akta.pro secondary industries

Same-Day / On-Demand Express Courier (TLAAABAG), Cross-Border E-commerce Parcel (DDU/Delivered At Place—Duties Unpaid) (TLAAANAE), Integrated Express Parcel Carriers (Air + Ground) (THABAEAB)

Keywords

• Parcel delivery services
• Last-mile logistics
• E-commerce shipping
• Express delivery
• Logistics technology

Headquarters

HQ city

Kuala Lumpur

HQ country

Malaysia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. Parcel Delivery and Shipping Fees: SPX charges shipping fees based on parcel weight (actual or dimensional weight, whichever is higher) using dimensional weight formula: Length x Width x Height (cm) / 5000. Maximum parcel weight is 30kg. Senders pay fees at time of handover, with invoice requests available via webform for monthly billing. Cash-on-delivery (COD) service is also offered as a fee-based add-on.
2. Shipment Insurance: Senders may purchase optional insurance coverage to insure their shipments. Without insurance, SPX's liability is capped at RM200 per shipment or the market value of the shipment, whichever is lower.
3. Return Shipping Fees: SPX charges return shipping fees when shipments are returned to sender due to failed deliveries not caused by SPX's fault, as well as associated unpaid shipping fees.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

SPX Express is a parcel delivery and logistics company providing reliable and cost-effective shipping services across Southeast Asia, Taiwan, and Brazil. Its offerings include pickup and drop-off parcel delivery, real-time tracking, Cash-on-Delivery, air shipping to East Malaysia, and integration via APIs and apps for merchants and e-commerce platforms.

Product overview

SPX Express operates as a logistics platform offering parcel delivery and shipping services across Southeast Asia, Taiwan, and Brazil. The core product is the SPX Express delivery service, which provides parcel pickup scheduling, drop-off service at service points, and real-time tracking. The platform includes order creation tools (Single Create, Mass Create, and EasyPack), a shipping fee estimation tool, and a mobile app for iOS and Android. Additional services include Air Shipping to East Malaysia, Cash-on-Delivery collection, and a VIP Customer Program for high-volume shippers. The company operates extensive sorting infrastructure including the automated Bukit Raja Selatan Sorting Centre in Malaysia and is expanding with a planned 170,000 sqm facility in Vietnam targeting 2027.

Differentiator

Problem solved

Functional benefit

Products and services

• SPX Express Parcel Delivery Service Core parcel pickup, drop-off, and delivery service across Malaysia, Singapore, Vietnam, Indonesia, Taiwan, and Brazil, with real-time tracking and flexible pickup or drop-off options for SMEs, MSMEs, marketplace sellers, and individual senders.
• Drop-off Service Allows senders to drop off parcels at SPX Service Points (partner locations including MBE, Collectco, Parcelhub, and iExpress), earning cashback up to RM0.10 per parcel.
• Single Create Order Self-serve portal tool enabling users to create one-off delivery orders with full pickup, delivery, parcel specification, and payment details.
• Mass Create Order Bulk order creation tool that lets merchants prepare multiple delivery orders via template, designed for high-volume shippers.
• Shipping Fee Estimation Tool Online calculator that provides shipping fee quotes based on parcel weight, dimensions, and destination, allowing users to estimate delivery costs before placing orders.
• Find SPX Service Point Location finder that lets users locate nearby SPX Service Points for parcel drop-off and self-collection.
• EasyPack Order Create Order creation flow that lets users create an order by entering an existing SPXTN tracking number, streamlining shipment processing.
• SPX Express Mobile App iOS and Android mobile application that allows senders and recipients to manage shipments, track parcels in real time, and access SPX services on the go.
• SPX VIP Customer Program Premium shipper program offering priority services, enhanced support, and exclusive benefits for high-volume or priority merchants, with dedicated account management.
• Air Shipping Service (Sabah and Sarawak) Air freight shipping option providing faster delivery at affordable rates for parcels going to East Malaysia (Sabah and Sarawak).
• Cash-on-Delivery (COD) Service Fee-based add-on service allowing recipients to pay for parcels on delivery; SPX collects the payment and remits it to the sender, with eligibility managed by SPX.
• SPX Authorized Logistics API Authorized APIs, documentation, and security tokens enabling third-party platforms, websites, and applications to integrate SPX parcel booking, tracking, and management functionality.
• Bukit Raja Selatan Automated Sorting Centre AI and IoT-powered automated sorting facility in Shah Alam, Malaysia that processes over 2 million parcels per day, enables an 80% capacity uplift, and supports sub-8-hour delivery times for the Malaysian parcel network.
• Carousell Official Delivery Integration Integrated Carousell Official Delivery service for Carousell buyers and sellers in Singapore, providing 1,400+ drop-off points, label-less shipping, daily doorstep pickups, and in-app parcel tracking at subsidized rates starting from S$1.80.

Quantifiable outcome

• 2 million+ parcels processed daily at single facility
• +4 more outcomes

Named customers2 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability3 records

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Sea LimitedcoreStrategic or Co-development Partner · 30 May 2026Sea Limited (parent company of Shopee) discussed new Vietnam investments with President Tô Lâm on May 30, 2026, including SPX Express's advanced logistics hub in Hưng Yên Province (targeting 2027). SPX Express is a key component of Sea Limited's digital ecosystem alongside Shopee and SeaMoney.
• OpenAIminorStrategic or Co-development Partner · 1 January 2026Sea Limited announced a hackathon collaboration with OpenAI called Sea x Codex, launching first in Singapore before expanding to Indonesia, Taiwan, and Vietnam. As SPX Express is part of Sea Limited's ecosystem, this partnership may indirectly benefit SPX through AI deployment initiatives discussed with the Vietnamese government.
• CarousellcoreGTM or Marketing Partner · 1 January 2023Carousell partnered with SPX Express to power Carousell Official Delivery, adding over 1,400 drop-off points across Singapore. The integration offers sellers doorstep pick-ups or parcel drop-offs at subsidized rates starting from S$1.80, plus label-less shipping support. The service launched in 2023 and provides daily pick-ups with both buyers and sellers able to track parcels within the Carousell app.
• MBE (Mail Boxes Etc.)minorChannel Partner/ Reseller/ DistributorMBE is listed as an SPX Express partner on the SPX Malaysia website, indicating a commercial partnership for logistics and parcel handling services.
• CollectcominorChannel Partner/ Reseller/ DistributorCollectco is listed as an SPX Express partner on the SPX Malaysia website, indicating a commercial partnership for logistics and parcel handling services.
• ParcelhubminorChannel Partner/ Reseller/ DistributorParcelhub is listed as an SPX Express partner on the SPX Malaysia website, indicating a commercial partnership for logistics and parcel handling services.
• iExpressminorChannel Partner/ Reseller/ DistributoriExpress is listed as an SPX Express partner on the SPX Malaysia website, indicating a commercial partnership for logistics and parcel handling services.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Pos Malaysia: Malaysia's incumbent postal and parcel operator with nationwide coverage including Sabah/Sarawak — directly competing with SPX's domestic Malaysia parcel network.
• Ninja Van: SEA-focused e-commerce logistics specialist with similar marketplace integrations and tech-enabled delivery. Recently exited Vietnam, freeing share for SPX and J&T.
• J&T Express: Direct SEA regional parcel delivery peer with comparable scale, automation focus, and e-commerce platform alignment; identified in source data as a co-beneficiary of Vietnamese courier consolidation alongside SPX.
• GDex (GDEX Berhad): Malaysia-listed courier and logistics provider offering e-commerce parcel delivery and last-mile services in direct competition with SPX Express.
• Skynet (SkyNet Express): Established Malaysian courier with nationwide parcel delivery and e-commerce focus, competing head-to-head with SPX in domestic next-day delivery.
• Flash Express: Thailand-headquartered e-commerce logistics specialist expanding across SEA; competes with SPX on automated sorting, tech-enabled last-mile, and marketplace integrations.
• Kerry Express (Thailand): Regional parcel delivery player operating across Thailand, Malaysia, Vietnam, and other SEA markets with similar e-commerce parcel service offerings.

Emerging players

• Lalamove: On-demand intra-city delivery platform operating across SEA — overlaps with SPX's last-mile capabilities for SME/merchant shippers but focused on same-day on-demand rather than next-day e-commerce parcels.

Broad incumbents

• DHL eCommerce: Global incumbent's e-commerce arm offering cross-border and domestic parcel services in SEA — competes on cross-border capability and enterprise liability coverage rather than price.
• FedEx: Global integrated express carrier competing in cross-border and high-value enterprise segments where SPX's RM200 liability cap and domestic focus are disadvantages.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/spxexpressmy
• LinkedInlinkedin.com/company/pt-metro-expressindo-logistik

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about SPX Express