Market expansion service DKSH has invested in Bangkok based eCommerce solution provider aCommerce. The Switzerland based DKSH has bought 20 per cent of stake in aCommerce for an unspecified amount.
The CEO of aCommerce, Paul Srivorakul said, “Taking this strategic investment is a huge win for us because it allows us to expand faster into new markets like Singapore, Malaysia and Vietnam and onboard hundreds of brands,”
The investment comes after the president and CEO of DKSH, Joerg Wolle has announced their continued commitment to invest in ASEAN companies.
aCommerce is an eCommerce solution provider, which was founded to improve the eCommerce sales of some big companies like HP, L’Oreal and Nestlé. As of now, the company has 140 clients. The company has offices in its three main markets, Indonesia, Thailand and Philippines. With the help of this deal, it will offer a complete solutions for B2B or B2C clients for both online and offline.
Switzerland based DKSH is a 150 year old company that operates in 720 locations in Asia with 28,000 employees. The main focus of Swiss company DKSH is Asian market, as it is planning to expand its businesses across other markets. The company focuses on marketing on consumer goods, healthcare, performance materials and technology.
The president and CEO of DKSH, Joerg Wolle said, “aCommerce’s services will become an integral part of our successful omni-channel service offering. The partnership also opens doors to Indonesia and the Philippines for DKSH’s Consumer Goods and Healthcare businesses,”