KERRY LAUNCHES JV WITH E-SERVICES GROUP

Kerry Logistics Network Limited and international e-commerce company E-Services Group have launched a new joint venture to strengthen global e-commerce fulfillment capabilities, especially in the Greater China region.

 

According to Kerry, the new JV will be called Kerry ESG (HK) Company Limited and will combine Kerry’s global supply chain capabilities with ESG’s technology platform, global marketplace networks and e-commerce expertise to offer etailers cost-efficient solutions internationally.

 

“We are thrilled about the growth opportunities in global e-commerce,” said William Ma, group managing director of Kerry Logistics. “With Kerry ESG, we are creating a unique platform with total solutions from upstream marketing to downstream logistics that will capitalize 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.”

 

Kerry ESG will debut in March 2019 and 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 will be able to seamlessly manage their order fulfillment, inventory and returns to and from multiple logistics centres through one platform.

 

“Winning at e-commerce means getting every piece of the puzzle right, and fast, reliable fulfillment is a critical component of success,” said Alan Lim, founder and CEO of ESG. “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.”

 

Cross-border e-commerce, particularly between Greater China and ASEAN, is a major growth sector which the new JV will focus on, according to Kerry.