Shippit signs FedEx, Janio, Qxpress delivery deals
E-commerce fulfilment technology specialist Shippit has signed three new partnership deals with FedEx, integrated logistics solutions provider Janio and e-Commerce logistics expert Qxpress to expand its delivery offering in Southeast Asia.
The partnerships come as part of the Australia-based company’s efforts to rapidly scale up its operations in the region following its A$30 million Series B fundraise in December 2020.
Apart from strengthening Shippit's domestic delivery network in Singapore and Malaysia, the partnership with Janio will allow it to open up its delivery lanes with special rates in Southeast Asia, China, and the US. The partnership with Qxpress will help Shippit improve reliability and flexibility in domestic deliveries by offering new delivery options such as "same-day delivery" in Singapore, so parcels can reach end customers quickly.
Since expanding to Singapore less than a year ago, Shippit has announced partnerships with Shopify, SingPost, Ninja Van, DHL and Aramex and now powers more than 20,000 deliveries per month. Its software enables retailers to instantly ship with leading partner carriers, share seamless tracking and notifications, as well as provide dedicated delivery support.
With e-commerce booming in Southeast Asia because of the pandemic, Shippit has also added new integrations with some of the largest e-Commerce platforms such as WooCommerce and Magento to support a wider variety of merchants. The company now serves 275 merchants in the region, including brands such as Sephora, Decathlon, UNIQLO, CottonOn, Harvey Norman and JD Sports.
“Huge opportunity”
Shippit Co-founder and Co-Chief Executive Officer William On, said: "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."
Mark Lancaster, Southeast Asian Business Development Lead at Shippit, added: "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."
