Kerry Logistics enters into JV with international e-commerce firm E-Services Group
Feb 19, 2019: Hong-Kong based supply chain specialist Kerry Logistics has announced a new joint venture with E-Services Group (%u2018ESG'), an international e-commerce company in Asia.
The JV company, Kerry ESG (HK) Company Limited (%u2018Kerry ESG'), set to debut in March 2019, aims to become one of the leaders in global e-commerce fulfillment solutions, enabling etailers to deliver products to customers anywhere in the world quickly and cost-effectively.
Kerry ESG will combine Kerry Logistics' global supply chain capabilities with ESG's technology platform, global marketplace networks, and e-commerce expertise to offer etailers cost-efficient solutions internationally.
Through direct integration with leading shopping carts and global marketplaces, etailers using Kerry ESG's services will be able to seamlessly manage their order fulfillment, inventory, and returns to and from multiple logistics centres through one platform.
William Ma, Group managing director of Kerry Logistics said: 'With Kerry ESG, we are creating a unique platform with total solutions from upstream marketing to downstream logistics that will capitalise on the booming international marketplace model to facilitate the exports for our international brand customers.'
Alan Lim, founder and CEO of ESG said: 'Winning at e-commerce means getting every piece of the puzzle right, and fast, reliable fulfillment is a critical component of success. This partnership gives etailers access to an extensive distribution network to support e-commerce fulfillment in every market and with every online channel.'
Kerry Logistics has identified cross-border e-commerce, particularly between Greater China and ASEAN, as a major growth sector which plays to its strengths.
The new partnership with ESG, which is the official partner of leading marketplaces including JD.id, Rakuten, and Newegg.com, will play a pivotal role in strengthening the foothold that the two companies have in this area.