SABUY Technology Public Company Limited has launched a bold strategy to boost its rapidly growing Drop-off Store business, capitalizing on the online business trend. The subsidiary SABUY SPEED is set to lead the charge, collaborating with partner networks to expand the market, with a target of increasing drop-off points to 20,000 and becoming the number one player in the Drop-off sector by the end of this year.

Mr. Chookiat Rujjanapornpajee, CEO of SABUY Technology Public Company Limited, stated, "SABUY prioritizes the Drop-off business, operated by SABUY SPEED, which has been established as a Holding Company to consolidate the Drop-off business and other related businesses under the SABUY group. We are also prepared for a spin-off to facilitate rapid growth. Currently, SABUY has six logistics brands under its umbrella, with a total of over 10,000 branches nationwide, including: 1) Shipsmile Services with 5,160 branches, 2) Plus Express with 1,900 branches, 3) The Letter Post with 640 branches, 4) Point Express with 1,000 branches, 5) PaysPost with 1,400 branches, and 6) Speedy with 122 branches. Additionally, we have partnerships with several leading private logistics companies such as ORANGE EXPRESS, NINJAVAN, J&T, and recently, we have engaged in discussions with Thailand Post to develop products that enhance the strength of our business and provide crucial support to Thai SMEs.

At the end of 2021, SABUY launched a new logistics service, ORANGE EXPRESS, through the Drop-off channels of Shipsmile and Plus Express, with over 6,000 branches nationwide. This initiative received support from Kerry Express to manage parcel deliveries for the Drop-off group under SABUY, focusing on quality delivery standards at affordable prices. The response has been positive, achieving over 1 million parcels delivered within less than three months. This year, we expect the growth rate and the number of Drop-off locations supporting ORANGE EXPRESS to increase to 20,000 nationwide. Furthermore, ORANGE EXPRESS would like to thank all users for their trust in our services, which enabled us to celebrate the milestone of 1 million parcels delivered in under three months. We are also announcing a price reduction for delivery services starting at just 17 baht. This promotion runs from March 1 to 31 and is available at over 10,000 Drop-off locations across the SABUY Speed network.

SABUY Technology Public Company Limited ("SABUY")

SABUY Technology Public Company Limited, founded in 2014, is a Thai technology company that provides financial transaction services (Fintech Platform). We have developed financial transaction models tailored to the needs of Thai people within the SABUY ecosystem, supporting everything from community-level services to mass-market solutions through our own system developers. We are open to various business partners entering the SABUY business ecosystem, which includes online top-up machines, automatic vending machines, food court management systems, retail management systems, and customer relationship management (CRM and Loyalty programs). We have rapidly expanded into other businesses such as e-wallet systems, domestic and international money transfers, and franchise services for private postal services and various service shops under the name Shipsmile. Recently, we have also ventured into online product ordering services, starting with the supply of goods and ingredients (Supply chain). Currently, SABUY can support over 50 million users or more than 50 million transactions per month (www.sabuytech.com).