Signing of e-commerce agreement with Guangzhou Post Office in China

Samsung SDS announced that it has signed a logistics service agreement with Guangzhou Post Office in China for international express cargo and will make a full-scale entry into the e-commerce logistics market that delivers from China to various countries around the world.

This agreement was signed on November 21 at the Guangzhou Post Office in China, with the attendance of Samsung SDS Vice President Kim Hyung-tae (Head of SL (Smart Logistics) Business Division) and Guangzhou Post Office General Manager Wu Changquan.

Through this agreement, Samsung SDS will provide Guangzhou Post with a service that integrates international air delivery and last mile delivery (LMD) to consumers.

Guangzhou has the largest air cargo volume in China with 7.3 million tons per year, and is a logistics hub connecting Shenzhen and Hong Kong, so rapid growth in the e-commerce sector is also expected. Guangzhou Post, located here, is the number one company in this field, accounting for 60% of China's overseas e-commerce volume.

Samsung SDS plans to actively target the e-commerce logistics market by combining its logistics BPO (Business Process Outsourcing) know-how and price competitiveness secured through 52 bases in 33 countries around the world with Guangzhou Post's EMS (Express Mail Service) channel.

Samsung SDS has completed the construction of a system that performs all aspects of e-commerce, including ordering, inventory management, and last-mile delivery (LMD), based on its own logistics platform (Cello) to secure e-commerce logistics capabilities, and is utilizing this to provide services to Thai online shopping malls such as Lazada and Buzzebees.

Samsung SDS plans to expand its e-commerce logistics area to China, North America, Thailand, and Malaysia in the future.

Samsung SDS Vice President Kim Hyung-tae emphasized, “With this agreement, we will increase our competitiveness in the overseas e-commerce logistics business originating in China and actively respond to the rapidly changing market environment.”