{"id":73705,"date":"2020-05-28T14:22:13","date_gmt":"2020-05-28T13:22:13","guid":{"rendered":"http:\/\/pointblanknews.com\/pbn\/?p=73705"},"modified":"2020-05-28T14:22:13","modified_gmt":"2020-05-28T13:22:13","slug":"dhl-express-cements-commitment-to-growing-african-e-commerce-with-strategic-investment-in-link-commerce","status":"publish","type":"post","link":"https:\/\/pointblanknews.com\/pbn\/other-news\/dhl-express-cements-commitment-to-growing-african-e-commerce-with-strategic-investment-in-link-commerce\/","title":{"rendered":"DHL Express cements commitment to growing African e-commerce with strategic investment in Link Commerce"},"content":{"rendered":"<p>CAPE TOWN, South Africa, May 28, 2020\/ &#8212; DHL (<a href=\"http:\/\/www.dhl.com\/\" target=\"_blank\" rel=\"noopener noreferrer\" data-saferedirecturl=\"https:\/\/www.google.com\/url?q=http:\/\/www.DHL.com&amp;source=gmail&amp;ust=1590756893692000&amp;usg=AFQjCNHuS2mVCzLXKHd7MPrIOJTPErEN_A\" data-mt-detrack-inspected=\"true\" data-mt-detrack-attachment-inspected=\"true\">www.DHL.com<\/a>) acquires a<br \/>\nstake in their strategic partner company, Link Commerce, in support of<br \/>\ngrowing e-commerce in Sub-Saharan Africa and other global emerging<br \/>\ne-commerce markets; Africa&#8217;s online retail market predicted to reach an<br \/>\n11-digit dollar value in 2020.<\/p>\n<p>DHL Express today announced its minority stake acquisition in Link<br \/>\nCommerce, the UK-based e-commerce firm that helped the logistics company<br \/>\ndevelop its hugely successful DHL Africa eShop platform<br \/>\n(www.Africa-eShop.dhl).<\/p>\n<p>Hennie Heymans, CEO of DHL Express sub-Saharan Africa, says that the<br \/>\nacquisition demonstrates the company&#8217;s commitment to growing e-commerce<br \/>\non the continent. &#8220;Acquiring a stake in Link Commerce \u2013 the company<br \/>\nbehind the MallforAfrica.com platform \u2013 shows our tremendous support of<br \/>\ne-commerce in Africa. It also positions us to realize our ambitions of<br \/>\ngrowing the eShop offering globally, and work on the scalability of the<br \/>\nplatform when the opportunity arises.&#8221;<\/p>\n<p>&#8220;DHL&#8217;s investment in Link Commerce is a perfect fit. With the DHL<br \/>\ninvestment we are now able to grow faster by leveraging the amazing<br \/>\nshipping network DHL has built globally. This will help us expand our<br \/>\nwhite-label turnkey B2B eCommerce platform and provide online shoppers<br \/>\nwith the ability to shop more and get more at great shipping rates<br \/>\nfast.&#8221; said Chris Folayan Founder and CEO of Link Commerce and Mall for<br \/>\nAfrica.<\/p>\n<p>Just over one year on from its initial launch, the DHL Africa eShop<br \/>\n(www.Africa-eShop.dhl) continues to see massive growth in sub-Saharan<br \/>\nAfrica. Heymans notes that the DHL Africa eShop has consistently<br \/>\noutperformed expectations since its launch. &#8220;The platform was developed<br \/>\nin partnership with Link Commerce and initially launched in 11 African<br \/>\ncountries in April 2019. It was an immediate success, gaining around<br \/>\n5,000 subscribers within the first six weeks. Today, DHL Africa eShop is<br \/>\nlive in 34 countries across Sub-Saharan Africa with tens of thousands of<br \/>\nusers across the continent.&#8221;<\/p>\n<p>The DHL Africa eShop offers African consumers unprecedented access to<br \/>\ninternational retailers via an easy-to-use platform, with great<br \/>\nconvenience, speed and reliability. &#8220;DHL Africa eShop enables African<br \/>\ncustomers to shop directly from over 200 US- and UK-based online<br \/>\nretailers, with purchases delivered directly to their door, by DHL<br \/>\nExpress.&#8221;<\/p>\n<p>Heymans adds, &#8220;Online buying behaviours and product mixes have evolved<br \/>\nquite significantly since the onset of COVID-19. Some of the most<br \/>\npopular items on the platform now include productivity and<br \/>\ncommunications devices to support remote working, home and kitchen<br \/>\nappliances, entertainment gadgets and health related products, in<br \/>\naddition to the historic orders of fashion and beauty products. Consumer<br \/>\ninterests have shifted towards goods that are harder to source locally.<br \/>\nWith brick-and-mortar retailers in many regions operating at reduced<br \/>\ncapacity, consumers have turned to online shopping to acquire the goods<br \/>\nthey need. It&#8217;s been great to see eShop providing vital online shopping<br \/>\naccess during this time, with impressive growth coming from countries<br \/>\nlike Nigeria, Ghana, Rwanda, Angola, Uganda and Kenya during the various<br \/>\nstages of lockdowns, and with South Africa back on board to access<br \/>\ne-commerce, we are thrilled for our users to be able to use service<br \/>\noffering once more.<\/p>\n<p>Assurance for delivery has become a top priority for consumers,&#8221; says<br \/>\nHeymans. &#8221; Basket sizes have also increased, as shoppers seek to get all<br \/>\nof what they need immediately, rather than to space out their orders.<br \/>\nOnline shopping supports the ultimate level of social distancing \u2013<br \/>\nconnecting consumers to everything they need at a click of a button.<\/p>\n<p>Heymans explains that while the e-commerce market in Sub-Saharan Africa<br \/>\nhas been largely overlooked by international retailers in the past, it<br \/>\ncurrently offers some of the biggest opportunities for rapid growth in<br \/>\nthe world.<\/p>\n<p>E-commerce is proving to be one of the most important and<br \/>\nfastest-growing market sectors in Africa. A report published by Rapid<br \/>\nB2C forecasts that Africa&#8217;s online retail market will reach an 11-digit<br \/>\ndollar value in 2020, while another report by the McKinsey Global<br \/>\nInstitute estimates that this value could potentially reach $75 billion<br \/>\nby 2025.<\/p>\n<p>&#8220;These growth predictions, coupled with the incredible demand and quick<br \/>\nuptake of the DHL Africa eShop offering, confirm that this acquisition<br \/>\nis the right move to ensure DHL Express is geared for continued growth,&#8221;<br \/>\nadds Heymans.<\/p>\n<p>As part of the acquisition, Heymans has been made a board member of<br \/>\nLondon-based Link Commerce Ltd. &#8220;We have no doubt that deepening our<br \/>\npartnership with Link Commerce in this way will take both companies, as<br \/>\nwell as e-commerce on the continent and new markets across the globe, to<br \/>\nnew heights. I am honoured to take on this new role as part of DHL&#8217;s<br \/>\ngrowth strategy.&#8221;<\/p>\n<p>&#8221; At Link Commerce our strategy is to help businesses grow and provide<br \/>\nshoppers globally with access to US and UK online retailers like never<br \/>\nbefore. DHL&#8217;s investment in the company gives us that edge we need to<br \/>\nexpand rapidly globally and access to products like never before,&#8221; said<br \/>\nChris Folayan, Founder and CEO of Link Commerce Ltd.<\/p>\n<p>With operations across 51 markets in Sub-Saharan Africa, servicing<br \/>\ncustomers, efficient delivery is an important factor for DHL Express.<br \/>\n&#8220;Our strategic investments in innovative technology and connectivity<br \/>\nacross the region, are all aimed at promoting global trade and ensuring<br \/>\nthat businesses and individuals across the continent can leverage global<br \/>\nopportunities,&#8221; Heymans concludes.<\/p>\n<div class=\"yj6qo\"><\/div>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content --><!-- AddThis Related Posts generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>CAPE TOWN, South Africa, May 28, 2020\/ &#8212; DHL (www.DHL.com) acquires a stake in their strategic partner company, Link Commerce, in support of growing e-commerce in Sub-Saharan Africa and other&hellip;<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><!-- AddThis Related Posts generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":73707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[4],"tags":[],"class_list":["post-73705","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-other-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.8 - 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