Kerry Logistics Announces Joint Venture with E-Services Group to Strengthen Global E-commerce Fulfillment Capabilities

HONG KONG, CHINA -�Media OutReach - 18 February 2019 - Kerry
Logistics Network Limited (‘Kerry Logistics’; Stock Code 0636.HK) announces a
new joint venture with E-Services Group (‘ESG’), an international e-commerce
company in Asia, to strengthen global e-commerce fulfillment capabilities,
especially in the Greater China region. The joint venture, Kerry ESG (HK)
Company Limited (‘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.

 

Kerry 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. 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, “We are thrilled about
the growth opportunities in global e-commerce. 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. Combining
forces as industry leaders, Kerry Logistics and ESG are well-positioned to
unlock the potential in the market with this new joint venture.”

 

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. With Kerry Logistics we have found a
great partner, whose capabilities complement ours and whose culture and vision
matches that of our team. I am
excited about how we can grow this business together.”

 

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.

 

About
Kerry Logistics Network Limited (Stock Code 0636.HK)

Kerry
Logistics is an Asia-based, global 3PL with the strongest network in Asia. Its
core competency is providing highly customised solutions to multinational
corporations and international brands to enhance their supply chain efficiency,
reduce overall costs, and improve response time to market. Kerry Logistics has
a network covering 53 countries and territories, and is managing 53 million sq
ft of land and logistics facilities worldwide, providing customers with high
reliability and flexibility to support their expansion and long-term growth.
Kerry Logistics Network Limited is listed on the Main Board of the Hong Kong
Stock Exchange and is a selected Member of the Hang Seng Corporate
Sustainability Index Series 2017-2018.

 

About E-Services Group

ESG
empowers brands, manufacturers, and e-commerce sellers to grow their business
and capture overseas markets through the provision of e-commerce solutions.
Founded in the U.K. in 2002, ESG has more than 15 years’ experience in how to
sell internationally and optimise cross border fulfillment. ESG is now the
leading international end-to-end e-commerce company in Asia, headquartered in
Hong Kong, with offices in China, Singapore, and Taiwan. As the strategic
partner to over 20+ leading global marketplaces such as Rakuten, JD.id, and
Cdiscount, ESG not only enables its 28,000+ etailers to grow their businesses
internationally through marketplaces, but also supports them with comprehensive
shipping solutions. (eservicesgroup.com)