Skip to content
Advertisement

Business

Integer.pl secures a €3.2 mln deal in Hongkong

Integer.pl secures a €3.2 mln deal in Hongkong

Poland’s Integer.pl Group, operator of InPost parcel lockers, signed a deal with CX Courier to install 150 units across Hong Kong this year.

The contract is worth €3.2 million and may be increased, as it includes an option for an additional 150 lockers by 2016 which would double the value of the deal.

CX Couriers has a 20 percent market share in Hong Kong and plans to expand it by additional 10 percent over the next two years. The company delivers some 4.5 million packages each month.

Integer.pl said the deal marked a milestone for its InPost parcel terminals ahead of an anticipated expansion into mainland China.

“Hong Kong is a vibrant and important consumer market. There are two big barriers to courier companies opening their own collection centers – 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,” Christian Secci, General Manager InPost Asia said.

Integer.pl said it was planning to develop its own InPost 24 branded network of parcel terminals in Hong Kong to run alongside the CX Courier terminals, using CX Courier as its logistic partner.

Poland A.M.

More from Business All