DHL Express has announced its minority
stake acquisition in Link Commerce, the UK-based e-commerce firm that
helped the logistics company develop its hugely successful DHL Africa
eShop
platform.
CEO of DHL Express sub-Saharan Africa,
Hennie Heymans, said the acquisition demonstrates the company’s
commitment to growing e-commerce on the continent. “Acquiring a stake in
Link Commerce – the company behind the MallforAfrica.com platform – shows our tremendous support of e-commerce in Africa.
“It also positions us to realise our
ambitions of growing the eShop offering globally, and work on the
scalability of the platform when the opportunity arises,” he added.
“With the DHL investment we are now able
to grow faster by leveraging the amazing shipping network DHL has built
globally. “This will help us expand our white-label turnkey B2B
eCommerce platform and provide online shoppers with the ability to shop
more and get more at great shipping rates fast,” said Chris Folayan
Founder and CEO of Link Commerce and Mall for Africa.
Just over one year on from its initial
launch, the DHL Africa eShop continues to see massive growth in
sub-Saharan Africa. Heymans noted that the DHL Africa eShop has
consistently outperformed expectations since its launch.
“The platform was developed in partnership with Link Commerce and
initially launched in 11 African countries in April 2019. It was an
immediate success, gaining around 5,000 subscribers within the first six
weeks. “Today, DHL Africa eShop is live in 34 countries across
Sub-Saharan Africa with tens of thousands of users across the
continent.”
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