InPost Parcel Lockers - Agreement with CX Courier in Hong Kong

PR56235

HONG KONG, Mar. 21, 2014 /PRN=KYODO JBN/ --

    Integer.pl Group - the operator of the biggest parcel lockers' network in

the world - has entered an agreement with CX Courier Ltd. - one of the leading

courier companies across Hong Kong. The agreement includes:

- Roll-out of 150 locker locations across Hong Kong by 2015, in a deal worth

up to EUR 3.2 million

- Further option over 150 locker locations (making 300 in total) across Hong

Kong by 2016, in a deal worth up to EUR 6.4 million   

    CX Couriers are one of the top five courier companies in Hong Kong with a

20% market share and this new agreement with InPost is part of their growth

strategy, as they aim to grow their market share towards 30%, over the next two

years. There are some 4.5 million parcels delivered each month across Hong Kong.

    For Integer.pl Group this is an important milestone commercial agreement as

it starts the InPost parcel locker expansion in Greater China.

    The agreement will see Integer.pl Group rent InPost parcel lockers for the

exclusive usage of CX Courier, and at the same time it will develop its own

network branded InPost 24, with CX Courier as a logistic partner, across Hong

Kong.

    As part of the expansion plan, both companies are looking at potential

locker locations including: residential compounds; supermarkets; business

centres; tram and railway stations; universities and car parks across Hong Kong.

    The agreement has been put in place to capitalise on the pace of expansion

in e-commerce across Asia, which is showing growth of 32% year-on-year.

Christian Secci, General Manager InPost Asia commented:

    "Hong Kong is a vibrant and important consumer market.  There are two big

barriers to courier companies opening their own collection centres - namely:

lack of available sites and the cost of land. Both these factors together with

the expansion of e-commerce mean that courier companies need to find innovative

solutions to meet the ever increasing demands of today's time poor consumers.

This agreement offers a great new service for the Hong Kong consumer."

    Johnson Yim, Executive Director CX Courier added:

    "We are excited about this new venture, as we see a huge opportunity to

introduce a new click and collect service that will radically improve the

delivery experience for Hong Kong shoppers, particularly in high density

residential areas. Customers will no longer have to wait at home for their

parcels or queue at Post Offices to collect their online purchases. This saves

customer's time and gives them the flexibility to choose a convenient locker

location that suits their needs. We see InPost and their Automated Parcel

Lockers (APL) machines as a logical partner to capitalise in the e-commerce

parcel market, which is experiencing incredible demand across the region."

    Ends:

    Notes to Editors:

    CX Courier:

    Founded in 1987, CX Courier is an international courier based in Hong Kong,

providing domestic and worldwide express services to over 80 countries,

together with local courier and freight services. The company is now focused on

the next phase of its expansion, as it builds regional and global partnerships

to capitalise on the e-commerce logistics growth worldwide.

    About Integer.pl Group / InPost:

    Integer.pl Group is one of the most successful private postal groups in

Europe. Through their InPost parcel lockers they continue to revolutionize the

world's postal and courier market. The innovative terminals are already

available in 19 countries globally including: Australia, Chile, Columbia, Great

Britain, Italy, Poland, Russia and Ukraine. There are currently over 3,500

parcel lockers worldwide.

    Integer.pl Group, in partnership with the global private equity fund

Pinebridge investments, plans to launch over 16,000 locker terminals across

Europe over the next three years. Together with the proposed European

expansion, InPost parcel lockers will be developed in both the Americas and in

Asia, in a project worth up to 1 billion euros.

    The Group is listed on the Warsaw Stock Exchange.

    The business focus of Integer.pl Group is on the following areas of

activity:

    Parcel services provided to the e-commerce sector and to individual

customers through a network of parcel machines - automated equipment used to

send and collect parcels on a 24/7 basis,

Postal and courier services for institutional/business customers and

individuals in Poland, based on the Group's own network of branches and

Customer Service Centres and own postmen,

Financial and insurance services provided to mass (institutional/business) and

individual customers, as well as mobile payment and e-document services based

on the Group's own customer service centres and a franchise network,

Logistics and transportation services.

    For more information please visit: http://www.integer.pl and

http://www.inpost24.com.

    SOURCE:Integer.pl