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DKSH, aCommerce announce tie-up

SOUTHEAST Asian e-commerce service provider and online distributor aCommerce has signed a strategic partnership with DKSH Group, with the latter acquiring a 20-per-cent stake in aCommerce for an undisclosed amount, giving the company access to DKSH client

Paul Srivorakul, group chief executive officer of aCommerce, said this strategic investment was a huge win for his company because it allowed it to expand quickly into new markets such as Singapore, Malaysia and Vietnam. 
With the combined strengths and infrastructure of the two partners, aCommerce can now offer complete solutions for its consumer and business clients both online and offline. DKSH is a 150-year-old Switzerland-based market expansion services provider. It generated net sales of more than US$10 billion (Bt360 billion) in 2014 with 165 distribution centres across the region, making it the largest player of its kind in Asia.
Meanwhile, aCommerce, launched in 2013, has been powering companies such as L’Oreal Group, Nestle and HP to sell online through performance marketing, platform development, fulfilment, last-mile delivery, localised customer service, and payment solutions. 
With more than 140 clients, aCommerce says it is benefiting from the e-commerce gold rush in the region and has more than tripled its monthly revenue since January this year.
With 96 per cent of its net sales generated in the Asia-Pacific region, DKSH has found that Southeast Asia in particular is one of the most promising growth markets worldwide. 
Joerg Wolle, president and chief executive officer of DKSH, said the investment in aCommerce would bring DKSH’s ability to serve its clients through all trade channels one step further. The services of aCommerce will become an integral part of DKSH’s omni-channel service offering. 
The partnership also opens the doors |to Indonesia and the Philippines for |DKSH’s consumer-goods and healthcare businesses.

Published : December 09, 2015