Kerry Logistics Network Limited announced a new joint venture with E-Services Group (‘ESG’), an international e-commerce company, to strengthen global e-commerce fulfillment capabilities in Asia.
Kerry Logistics has identified cross-border e-commerce, particularly between the Greater China region and Asean, as a major growth sector, the company said in a press release on Monday.
The new partnership with ESG – the official partner of marketplaces like JD.id, Rakuten, and Newegg.com – plays a pivotal role in strengthening the foothold that the two companies have in this area, the company said.
The new joint venture, known as Kerry ESG, will combine Kerry Logistics’ global supply chain capabilities with ESG’s technology platform, global marketplace networks, and e-commerce expertise to offer retailers cost-efficient solutions internationally.
Kerry ESG, set to debut in March, aims to become a leader in global e-commerce fulfillment solutions, enabling retailers to deliver products to customers anywhere in the world quickly and cost-effectively.
Through direct integration with leading shopping carts and global marketplaces, retailers 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, Kerry Logistics said.
William Ma, group managing director at Kerry Logistics, said the company is 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,” Mr Ma said
Alan Lim, founder and CEO of ESG, said winning at e-commerce means getting every piece of the puzzle right. Reliable fulfillment is a critical component of success, he added.
“This partnership gives retailers access to an extensive distribution network to support e-commerce fulfillment in every market and with every online channel,” Mr Lim said.