To strengthen domestic and international capabilities, Shippit signs three new agreements with leading logistics providers Janio, FedEx, and Qxpress, among others.
FREMONT, CA: Shippit, a fast-growing e-Commerce fulfillment technology company, declares three new delivery partner agreements with integrated logistics solutions provider Janio, global logistics leader FedEx, and e-Commerce logistics expert Qxpress. These transactions are part of Shippit's strategy to rapidly expand its operations in Southeast Asia following its A$30 million Series B funding round in December 2020.
Apart from bolstering Shippit's domestic delivery network in Singapore and Malaysia, the new partnership with Janio enables Shippit to expand its delivery lanes in Southeast Asia, China, and the United States at discounted rates. This allows merchants to ship to a more significant number of countries at a lower cost than ever before. Shippit benefits from the partnership with Qxpress by increasing the reliability and flexibility of domestic deliveries by offering new delivery options such as "same-day delivery" in Singapore, ensuring that parcels reach end customers quickly.
With an estimated 40 million new users coming online in Southeast Asia as a result of the pandemic, it's unsurprising that e-Commerce spending has increased; the industry is currently valued at US$62 billion and is expected to reach US$172 billion by 2025. Shippit has also added new integrations with some of the largest e-commerce platforms, including WooCommerce and Magento, to support a broader range of merchants. WooCommerce and Magento join existing partner Shopify in enabling merchants to connect seamlessly to the Shippit platform.
Shippit has partnered with various SMB and enterprise clients across different product categories, including Seira Elves, Global Knives, Looqal, Sans & Sans, Hush Candles, Blender Bottle, Sterling Nutrition, and Boxgreen.
Mark Lancaster, Southeast Asian Business Development Lead at Shippit, says, "Shippit wants to be the platform of choice for growing, scaling and enterprise merchants across the region to support fulfilment and enable more last-mile choices. It's critical that we continue investing in carrier integrations, product enhancements that benefit our merchants to capitalise on this growth in the region. These recent carrier deals expand our network capability providing more domestic and international services to our growing merchant base."
"The growth of e-commerce in Southeast Asia has been phenomenal, and the need for robust technological and logistical infrastructure has never been higher. We are truly excited to be working with Shippit to collectively serve southeast Asia's merchants", says Senthil Kumar, Janio Group Head of Commercial.
Shippit is aware of the negative impact that deliveries have on the environment and is committed to a future of sustainable retail. One of the few logistics SaaS platforms in APAC compensates merchants for 100% of carbon emissions associated with deliveries made at Shippit's discounted rates. Shippit accomplishes this by partnering with the Carbon Neutral Group and purchasing carbon offsets that benefit projects dedicated to preventing and mitigating greenhouse gas emissions. The company has offset over 278,000 kilometers of carbon dioxide emissions on behalf of its Singapore clients.
Shippit Co-founder and Co-Chief Executive Officer William On says, "Southeast Asia presents a huge opportunity for Shippit; we think the region is set to become the world's largest e-Commerce market within the next five years! Since Shippit's launch in Southeast Asia in July 2020, we've seen our business grow quickly -- and expect that it will continue to scale -- which is why we are looking to improve our capabilities across the region and might consider expanding into other countries in the future."