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DKSH participates in new funding round of aCommerce

DKSH participates in another funding round at aCommerce, a leading e-commerce service provider in South East Asia. KKR subsidiary Emerald Media is also among the investors. The investment complements DKSH’s position as a leading pan-Asian e-commerce servicer provider distributing more than 400 brands online.

Media release

DKSH participates in new funding round of aCommerce

DKSH participates in another funding round at aCommerce, a leading e-commerce service provider in South East Asia. KKR subsidiary Emerald Media is also among the investors. The investment complements DKSH’s position as a leading pan-Asian e-commerce servicer provider distributing more than 400 brands online.

Zurich, Switzerland, November 20, 2017 – DKSH, the leading Market Expansion Services provider with a focus on Asia, has subscribed to a further investment round in aCommerce. With a 20.5% holding, DKSH remains among the largest shareholders of the e-commerce service provider. Further investors include Emerald Media, a subsidiary of Kohlberg Kravis Roberts (KKR), and Australia-based Blue Sky Alternative Investments.

 

The investment in aCommerce underlines DKSH’s omni-channel strategy, ensuring the availability of its clients’ products both off and online throughout South East Asia. The cooperation guarantees a seamless online presence – be it in direct trade (B2C), on the leading South East Asian e-marketplaces or in social media channels. Even though e-commerce still accounts for a very low single-digit percentage of total retail sales in the region, the development is promising.

 

aCommerce provides solutions to bring clients and retailers into online retailing, including channel management, performance marketing, content production, customer service, platform design, e-fulfillment and B2C delivery and logistics. Since its founding in 2013, aCommerce has successfully developed to become one of the leading platform-independent e-commerce service providers in South East Asia, employing more than 1,400 people. Together with DKSH’s existing digital business, the company has leading market positions in Asia.

 

Stefan P. Butz, CEO of DKSH, said: “With our initial investment in aCommerce and our decision to build up our own digital business two years ago, we took an early mover position in South East Asia’s e-commerce sector. By participating in the new funding round of aCommerce, we stay at the forefront of this trend, underscoring the confidence in DKSH’s omni-channel strategy.”