SYS-CON MEDIA Authors: Mat Mathews, PR.com Newswire, David Smith, Tim Crawford, Kevin Benedict

News Feed Item

InPost Parcel Lockers - Agreement with CX Courier in Hong Kong

HONG KONG, March 21, 2014 /PRNewswire/ --





Integer.pl Group - the operator of the biggest parcel lockers' network in the world - has entered an agreement with CX Courier Ltd. - one of the leading courier companies across Hong Kong. The agreement includes:

  • Roll-out of 150 locker locations across Hong Kong by 2015, in a deal worth up to €3.2 million
  • Further option over 150 locker locations (making 300 in total) across Hong Kong by 2016, in a deal worth up to €6.4 million  


CX Couriers are one of the top five courier companies in Hong Kong with a 20% market share and this new agreement with InPost is part of their growth strategy, as they aim to grow their market share towards 30%, over the next two years. There are some 4.5 million parcels delivered each month across Hong Kong.

For Integer.pl Group this is an important milestone commercial agreement as it starts the InPost parcel locker expansion in Greater China.

The agreement will see Integer.pl Group rent InPost parcel lockers for the exclusive usage of CX Courier, and at the same time it will develop its own network branded InPost 24, with CX Courier as a logistic partner, across Hong Kong.

As part of the expansion plan, both companies are looking at potential locker locations including: residential compounds; supermarkets; business centres; tram and railway stations; universities and car parks across Hong Kong.

The agreement has been put in place to capitalise on the pace of expansion in e-commerce across Asia, which is showing growth of 32% year-on-year.

Christian Secci, General Manager InPost Asia commented:

"Hong  Kong  is  a  vibrant  and  important  consumer  market.   There  are  two  big  barriers  to  courier  companies  opening  their  own  collection  centres  -  namely:  lack  of  available  sites  and  the  cost  of  land.  Both  these  factors  together  with  the  expansion  of  e-commerce  mean  that  courier  companies  need  to  find  innovative  solutions  to  meet  the  ever  increasing  demands  of  today's  time  poor  consumers.  This  agreement  offers  a  great  new  service  for  the  Hong  Kong  consumer." 

Johnson Yim, Executive Director CX Courier added:

"We  are  excited  about  this  new  venture,  as  we  see  a  huge  opportunity  to  introduce  a  new  click  and  collect  service  that  will  radically  improve  the  delivery  experience  for  Hong  Kong  shoppers,  particularly  in  high  density  residential  areas.  Customers  will  no  longer  have  to  wait  at  home  for  their  parcels  or  queue  at  Post  Offices  to  collect  their  online  purchases.  This  saves  customer's  time  and  gives  them  the  flexibility  to  choose  a  convenient  locker  location  that  suits  their  needs.  We  see  InPost  and  their  Automated  Parcel  Lockers  (APL)  machines  as  a  logical  partner  to  capitalise  in  the  e-commerce  parcel  market,  which  is  experiencing  incredible  demand  across  the  region."

Ends:

Notes to Editors:

CX  Courier:

Founded in 1987, CX Courier is an international courier based in Hong Kong, providing domestic and worldwide express services to over 80 countries, together with local courier and freight services. The company is now focused on the next phase of its expansion, as it builds regional and global partnerships to capitalise on the e-commerce logistics growth worldwide.

About  Integer.pl  Group  /  InPost:

Integer.pl Group is one of the most successful private postal groups in Europe. Through their InPost parcel lockers they continue to revolutionize the world's postal and courier market. The innovative terminals are already available in 19 countries globally including: Australia, Chile, Columbia, Great Britain, Italy, Poland, Russia and Ukraine. There are currently over 3,500 parcel lockers worldwide.

Integer.pl Group, in partnership with the global private equity fund Pinebridge investments, plans to launch over 16,000 locker terminals across Europe over the next three years. Together with the proposed European expansion, InPost parcel lockers will be developed in both the Americas and in Asia, in a project worth up to 1 billion euros.

The Group is listed on the Warsaw Stock Exchange.

The business focus of Integer.pl Group is on the following areas of activity:

  • Parcel services provided to the e-commerce sector and to individual customers through a network of parcel machines - automated equipment used to send and collect parcels on a 24/7 basis,
  • Postal and courier services for institutional/business customers and individuals in Poland, based on the Group's own network of branches and Customer Service Centres and own postmen,
  • Financial and insurance services provided to mass (institutional/business) and individual customers, as well as mobile payment and e-document services based on the Group's own customer service centres and a franchise network,
  • Logistics and transportation services.


 

For  more  information  please  visit:  http://www.integer.pl and http://www.inpost24.com.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.