by The widely used ecommerce service, eCargo Holdings, has become the latest addition to the Australian Stock Exchange, after hitting the boards at 11am this morning (AEDST). The firm now has around 88.4 million CHESS Depository Interests (CDI’s) listed.
eCargo is an ecommerce enabler which provides an
integrated service covering logistics and operations, to Western companies who wish to trade in China. ECH identifies well known brands and merchants to partner with in each market in pursuit of the most profitable channel to market in the ever growing Chinese ecommerce sector.
Operating out of Hong Kong, the firm’s primary marketing is China, with North America, Australia and Europe as secondary markets. Alongside their supply chain service, the company also helps companies to grow their ecommerce presence in China with a variety of digital salutations. Considering the rapid expansion of China’s booming ecommerce market – with growth of 120% per annum, it is clear that a service like this has been long overdue. eCargo founder, Mr John Lau, has high expectations for 2015 and it looks like the company will have no problem in rising to the challenge.