AUCKLAND—AirAsia is looking to boost its cargo and logistics business by investing in and partnering with a Malaysia-based e-commerce and parcel delivery company. AirAsia’s cargo and logistics unit, branded as Teleport, will collaborate with venture capital fund Gobi Partners to invest $10.6 million into Malaysia-based EasyParcel. Teleport and Gobi will become shareholders in EasyParcel and will have board representation. EasyParcel will use the funding to expand its offering ...

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