GD Express Sdn Bhd

What GD Express Sdn Bhd does

GD Express Sdn Bhd, operating under the GDEX brand and listed parent GDEX Berhad on Bursa Malaysia (ticker: GDEX), is a Malaysian-headquartered express logistics and integrated technology group founded in 1997 in Petaling Jaya. Its core logistics operation spans domestic and international express parcel delivery to over 200 countries, freight forwarding (land, air, sea) across ASEAN and China, warehousing with 555,000 sq ft across four facilities, and the GDEX Auto Hub automated sortation facility capable of handling up to 350,000 shipments per day. The group employs 10,000+ staff and operates a 1,300+ vehicle fleet for domestic delivery within a total fleet exceeding 6,000 units.

The technology layer centers on the GDEX 2.0 ecosystem and the GD XCHANGE integrated digital supply chain platform, which combines proprietary courier portals (myGDEX for individuals, myGDEX Prime for businesses, an Open API platform) with acquired technology assets: Xilnex cloud POS (Web Bytes Sdn Bhd, 30% stake from 2016), Sweetmag web solutions (51% from 2022), and ANON Security's AI-powered cybersecurity offering (60% from 2022). The group distributes digital services and cloud/workspace subscriptions via partnerships with AWS and Lark (Bytedance), and connects to merchants through native integrations with Shopify, WooCommerce, Magento, OpenCart, and several smaller e-commerce platforms.

The business model blends transaction fees (per-shipment courier, freight, and enhanced liability at 1-1.5% of declared value), recurring subscription/warehousing fees, and digital services revenue (Digital segment at RM67.4 million in FY2025). GTM motions span direct-to-consumer self-service portals, enterprise field sales targeting 500,000+ companies in Malaysia, Singapore, Indonesia, and Vietnam, and channel partnerships through e-commerce platform integrations. Singapore Post (substantial shareholder since 2011) and Yamato Asia (second largest shareholder since 2016) are anchor strategic investors, alongside founder Teong Teck Lean, who retains a controlling stake.

Name

GD Express Sdn Bhd

Legal name

GD Express Sdn Bhd

Website

https://gdexpress.com

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

GD Express Sdn Bhd (GDEX) is a Malaysian-listed express logistics group offering domestic and international parcel delivery, freight forwarding, warehousing, and an integrated digital supply chain ecosystem (GD XCHANGE) to over 500,000 businesses and consumers across Malaysia, Singapore, Indonesia, and Vietnam.

Ownership category

akta.pro rank

Product category

Express Logistics Services

NAICS

Couriers and Express Delivery Services (492110), General Freight Trucking (4841)

SIC

Trucking (No Local) (4213)

akta.pro primary industry

Oversize/Heavy Express & White-Glove Time-Definite (TLAAABAJ)

Keywords

• Express parcel delivery
• Freight forwarding services
• Warehousing fulfillment
• E-commerce logistics
• Last-mile delivery

Headquarters

HQ city

Petaling Jaya

HQ country

Malaysia

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Express Delivery and Courier Services: Core revenue stream from domestic and international express parcel delivery. Services include same-day delivery, next-day delivery, and express international shipping to over 200 countries. Revenue from document and parcel shipments with surcharges for fuel and cross-border handling.
2. Warehousing and Fulfillment Services: Warehouse storage, inventory management, order fulfillment, picking, packing, and shipping services. Combined warehouse capacity of 555,000 square feet across four locations. Includes custom project handling for industries including FMCG, pharmaceutical, telco, and e-commerce.
3. Digital Solutions and IT Services: Digital segment achieved RM67.4 million revenue in FY2025. Includes Xilnex POS solutions, Sweetmag web solutions, Anon Security cybersecurity, plus cloud subscription (AWS) and workspace solutions (Lark) through GD XCHANGE ecosystem.
4. Shipment Protection and Enhanced Liability: Enhanced Liability coverage at 1% of declared value for online users, 1.5% for walk-in customers. Maximum coverage up to RM10,000. Cargo insurance including single transit, annual cargo, and storage insurance options.
5. Freight Forwarding: Local land freight, cross-border land freight, air freight, and sea freight services for shipments over 100kg. Domestic and international freight solutions covering Malaysia, Singapore, Thailand, Laos, Vietnam, and China.
6. Product Registration and IP Services: Comprehensive product registration, advisory, and consultancy services including patent, trademark, industrial design, litigation support, copyright, and geographical indication services.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels5 records

Core offering

GD Express Sdn Bhd is a Malaysian express courier and logistics provider offering domestic and international parcel delivery, freight forwarding, warehousing and fulfillment, and integrated digital supply chain solutions. The company operates a fleet of over 6,000 vehicles, four warehouses totaling 555,000 sq ft, and the GDEX Auto Hub capable of sorting 350,000 shipments per day. Through its GD XCHANGE ecosystem it bundles cloud, workspace, POS, and cybersecurity solutions alongside logistics services for over 500,000 corporate customers and individual consumers across Malaysia, Singapore, Indonesia, Vietnam, and 200+ international destinations.

Product overview

GDEX operates as a platform-plus-modules logistics and technology company with two core divisions: Express Delivery & Logistics (core courier services, freight forwarding, warehousing, and fulfillment) and Digital Solutions (technology ecosystem). The core delivery platform encompasses domestic and international parcel delivery, freight services, and warehousing with 4 facilities. The digital ecosystem, anchored by GD XCHANGE, integrates proprietary and acquired solutions including Xilnex (cloud POS retail solutions), Sweetmag (web/e-commerce solutions), and ANON Security (AI-powered cybersecurity). The company serves both individual consumers (via myGDEX portal) and businesses (via myGDEX Prime platform and enterprise integrations) across Malaysia, Singapore, Indonesia (SAP Express), and Vietnam (NETCO).

Differentiator

Problem solved

Functional benefit

Brands

• GD XCHANGE: Integrated digital supply chain platform that amplifies the synergy between logistics capabilities and technology ecosystem
• Xilnex
• Sweetmag
• ANON Security
• GDEX Cool
• myGDEX
• myGDEX Prime

Products and services

• GDEX Delivery Express courier and parcel delivery covering domestic delivery across more than 70,000 Malaysian addresses and international delivery to over 200 countries. Includes same-day delivery, next-day delivery, cash on delivery, and included RM200 shipment protection.
• myGDEX Online self-service shipping platform for individuals and small businesses to create shipments, request pick-ups, track packages, and access preferential rates starting from RM5.30.
• myGDEX Prime Self-service portal for businesses to create and track shipment orders with e-commerce platform integration, automated SMS delivery notifications, enterprise billing terms, FPX and e-payment gateway options.
• GDEX Freight Freight forwarding offering cross-border land freight across Malaysia, Singapore, Thailand, Laos, Vietnam, and China, plus air freight and sea freight for shipments over 100kg, with all vehicles equipped with GPS for real-time tracking.
• GDEX Warehousing Warehousing and fulfillment across four strategically located warehouses in Petaling Jaya, Shah Alam, Kuching, and Kota Kinabalu with combined 555,000 sq ft capacity. Includes Warehouse Management System integration, 24/7 security, temperature-controlled storage, and GDPMD-certified distribution for pharmaceutical customers.
• Shipment Protection (Enhanced Liability) Optional shipment protection at 1% of declared value for online users and 1.5% for walk-in customers, providing coverage up to RM10,000 against loss or damage in transit.
• GDEX Cool Chilled and frozen delivery service for groceries and temperature-sensitive goods, using technology to replace non-recyclable insulation materials.
• Xilnex Cloud-based Point-of-Sale retail management suite from Web Bytes Sdn Bhd. Modules include Cloud POS, iPad POS, Go, LiveOrder, Self-Ordering Kiosk, Kitchen Display System, Loyalty, and Mobility for retail and F&B operations.
• Sweetmag Digital commerce web solutions including web design, digital marketing, and strategy services to enhance brand presence for SMEs and enterprises in the digital commerce space.
• ANON Security AI-powered cybersecurity consulting and protection services for governments, corporations, and individuals, operating under I-ACT principles (Independent, Anonymous, Capable, Trusted) for automated threat detection and response.
• GD XCHANGE Integrated digital supply chain platform officially launched in 2026 that combines logistics capabilities with a technology ecosystem, including AWS cloud subscription solutions, Lark workspace solutions, and e-commerce integrations to connect online platforms, offline operations, and logistics pipelines.
• Product Registration and IP Services Comprehensive product registration, advisory, and consultancy services including patent, trademark, industrial design, litigation support, copyright, and geographical indication services.

Quantifiable outcome

• 350,000 shipments per day sorting capacity at GDEX Auto Hub
• +4 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

AI capability2 records

Feature5 records

Partnerships

15 partnerships are on record, tiered core and minor.

• ShopeecoreStrategic or Co-development Partner · 2 November 2025Shopee signed collaboration with GD Express along with City-Link Express, Pos Malaysia, and SPX Express to establish a network-sharing framework for coordinated parcel handling across shared delivery networks as part of the Postal Services Fund initiative.
• City-Link ExpressminorStrategic or Co-development PartnerPart of network-sharing framework collaboration with GD Express, Shopee, Pos Malaysia, and SPX Express for coordinated parcel handling.
• SPX ExpressminorStrategic or Co-development PartnerPart of network-sharing framework collaboration with GD Express, Shopee, Pos Malaysia, and City-Link Express for coordinated parcel handling.
• Pos MalaysiaminorStrategic or Co-development PartnerPart of network-sharing framework collaboration with GD Express, Shopee, City-Link Express, and SPX Express for coordinated parcel handling.
• ShopifycoreTechnology or IntegrationFormal Shopify partnership established late 2024 enables merchants to integrate GDEX shipping directly into their Shopify stores for seamless order fulfillment.
• Amazon Web Services (AWS)coreTechnology or IntegrationCloud subscription partnership providing AWS cloud services as part of GD XCHANGE ecosystem.
• Lark (Bytedance)coreTechnology or IntegrationWorkspace solutions partnership providing Lark collaboration tools as part of GD XCHANGE ecosystem.
• WooCommercecoreTechnology or IntegrationE-commerce platform integration enabling seamless order-to-shipment workflow for WooCommerce merchants.
• MagentocoreTechnology or IntegrationE-commerce platform integration enabling seamless order-to-shipment workflow for Magento merchants.
• PT Satria Antaran Prima Tbk (SAP Express)coreOthersGDEX acquired 40% equity in Indonesia's SAP Express in 2016. Operations in Indonesia under SAP Express brand.
• Noi Bai Express and Trading Joint Stock Company (NETCO)coreOthersGDEX acquired 50% stake in Vietnam's NETCO in 2019. Subsidiary operations in Vietnam for express delivery services.
• Web Bytes Sdn Bhd (Xilnex)coreOthersGDEX acquired 30% stake in Web Bytes Sdn Bhd in 2016. Provider of Xilnex cloud-based POS retail solutions integrated into GD XCHANGE ecosystem.
• Sweetmag Solutions Sdn BhdcoreOthersGDEX acquired 51% stake in Sweetmag Solutions Sdn Bhd in 2022. Provider of web and enterprise digital solutions integrated into GD XCHANGE ecosystem.
• Anon Security Sdn BhdcoreOthersGDEX acquired 60% stake in Anon Security Sdn Bhd in 2022. Provider of AI-powered cybersecurity solutions integrated into GD XCHANGE ecosystem.
• BLH EcoenergyminorStrategic or Co-development PartnerCollaboration with BLH Ecoenergy for electric vehicle charging station at Genting Permai, promoting greener logistics through EV infrastructure.

Scale indicators16 records

Recent moves13 records

Expansion highlights5 records

Broad incumbents

• Yamato Holdings: Japanese logistics conglomerate operating TA-Q-BIN parcel delivery service. Comparable as a strategic shareholder (second-largest since 2016) with broad logistics portfolio, but operates primarily in Japan with global scale far exceeding GDEX.
• DHL eCommerce: Global logistics giant's e-commerce-focused division offering cross-border parcel delivery and fulfillment worldwide. Comparable in cross-border international services reaching 200+ countries, but operates at significantly larger scale and broader portfolio than GDEX.
• FedEx: Global express transportation company offering time-definite international parcel delivery and logistics. Comparable in international express delivery (200+ countries reach) but operates at vastly larger scale with broader service portfolio.

Direct peers

• Ninja Van: Tech-enabled last-mile delivery company operating across Southeast Asia (Singapore, Malaysia, Indonesia, Vietnam, Philippines, Thailand). Direct competitor targeting the same e-commerce shipper base with API-driven integrations.
• J&T Express: Regional e-commerce-focused express delivery company with strong Southeast Asia presence including Malaysia, Indonesia, Vietnam, and Singapore. Direct competitor in cross-border ASEAN parcel delivery with capital-rich, high-volume model.
• City-Link Express: Malaysian domestic express courier serving individuals and businesses with parcel delivery and freight forwarding. Direct peer in Malaysian last-mile and a co-participant in the November 2025 Shopee-led network-sharing framework with GDEX.
• Pos Malaysia: Malaysian national postal service offering domestic and international parcel delivery, courier services, and logistics solutions. Direct competitor in Malaysian last-mile and e-commerce fulfillment, explicitly named alongside GDEX in the November 2025 network-sharing framework.
• Skynet Worldwide Express: Malaysian-headquartered express courier with domestic and international parcel delivery operations. Direct competitor in Malaysia's courier and e-commerce logistics market with similar product breadth.
• SPX Express: Shopee-owned express delivery arm in Malaysia and Southeast Asia, offering end-to-end e-commerce fulfillment. Direct competitor with marketplace-backed economics that can subsidize delivery, and co-participant in the November 2025 network-sharing framework with GDEX.

Regional players

• Aramex: Middle East-headquartered global logistics provider offering express parcel delivery, freight forwarding, and warehousing across emerging markets. Comparable in cross-border parcel services and emerging-market focus, but primarily serves MENA rather than Southeast Asia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/watch?v=orPkE7GKGkU
• Instagramlinktr.ee/GD_Express
• Xx.com/GDEX_Official
• Facebookfacebook.com/GDEXOfficialPage
• LinkedInlinkedin.com/company/gd-express-sdn-bhd

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries9 records

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 GD Express Sdn Bhd