1 in 3 Singaporeans started holiday shopping in October: FedEx
FedEx said it generated US$5.7b in economic impact across Singapore and APAC.
Singaporeans started their holiday shopping in as early as October, becoming one of Asia Pacific’s longest festive shopping windows, according to data from FedEx.
An estimated 34% of Singaporean consumers started shopping for the holidays in October, the express package delivery company said in a press release.
FedEx delivered US$5.7b of direct and indirect economic impact across Singapore and the APAC region in FY2025. This supported trade, e-commerce, and high-growth sectors including healthcare and the life sciences, FedEx said.
In Singapore, FedEx has 1,500 parcel drop-off points, including over 1,000 Pick smart lockers and 43 SingPost locations.
FedEx also has an EV fleet in Singapore and over 50% of electricity at its South Pacific Regional Hub is powered by solar energy, it said in a press release.