Kuala Lumpur, July 2, 2025 – In a major leap for Malaysia’s e-commerce infrastructure, Treasure Global Inc. has partnered with Taxieco to introduce IoT-enabled logistics solutions for grocery delivery. The strategic collaboration aims to accelerate efficiency and scalability in the fast-growing US $2.5 billion Malaysian online grocery market.
Revolutionizing Delivery with IoT Technology
The partnership introduces smart logistics infrastructure powered by the Internet of Things (IoT) to optimize the entire grocery delivery lifecycle. From warehouse to doorstep, IoT sensors will provide real-time tracking, route optimization, temperature monitoring, and automated alerts to ensure groceries arrive fresher and faster.
Treasure Global will integrate these capabilities into its flagship ZCITY platform, already known for offering digital lifestyle services and rewards. Taxieco, a mobility-tech firm specializing in sustainable transport solutions, will equip its vehicles with smart systems for dynamic route planning and fleet diagnostics.
“IoT technology will be a game-changer in reducing delivery inefficiencies and meeting the rising expectations of online grocery shoppers,” said Sam Teo, CEO of Treasure Global.
Tapping into Malaysia’s Online Grocery Boom
The Malaysian online grocery sector has seen significant expansion post-COVID-19, with consumers demanding faster, safer, and more reliable services. Currently estimated at US $2.5 billion, the market is expected to grow at a double-digit CAGR over the next five years.
This IoT rollout positions Treasure Global to compete more aggressively with regional players, leveraging data-driven logistics to scale operations in major urban hubs as well as tier-2 cities.
Focus on Sustainability and Smart Growth
In addition to improving speed and reliability, the IoT-enabled fleet will contribute to environmental sustainability. Smart route planning and predictive maintenance will help reduce carbon emissions, fuel consumption, and vehicle wear.
Taxieco’s eco-conscious fleet will also use temperature-controlled compartments to reduce spoilage and waste, addressing one of the most pressing challenges in online grocery delivery.
Key Highlights:
- IoT-powered grocery logistics for real-time tracking and efficient delivery
- Targeting growth in Malaysia’s $2.5B online grocery market
- Seamless integration with Treasure Global’s ZCITY app
- Focus on eco-friendly logistics through smart routing and vehicle optimization
