BANGKOK-BASED online platform provider aCommerce Inc., which enables brands to promote their products online in Southeast Asia, is targeting more partnerships as it continues to expand in the region.
Quito San Agustin, general manager for Philippine operations at aCommerce, said the firm aims to “double” its global clients in 2018 as it sees a booming opportunity in the ecommerce platform with “more brands” and consumers starting to adopt the platform.
“Last year, we had a couple of clients, and now we have 25 clients just this year. We want to double that. We’re looking at 30 to 40 brands next year,” he told reporters following a media briefing on Thursday.
“It is really becoming a convenience now because even down to groceries—we see it in China, Peking ducks are being delivered—you don’t have to go to convenience stores or restaurants,” he added.
Agustin said they focus on the segments of electronics, home and living, fashion, and consumer goods.
The rapid growth in ecommerce is pushing them to continue working on their market expansion, noting that the company is set to build another facility in the Philippines in the first half of 2018.
This will serve as its third largest fulfillment center in Southeast Asia, next to those in Thailand and Indonesia, Agustin said.
“We are looking at 10,000 square meters next year for the Philippines,” he said.
Agustin said aCommerce is already evaluating the location. He did not disclose the initial investment for the project but stressed that this was a “serious reinvestment” and that a big chunk of the amount needed will come from the $65 million funding it received recently.
The company already operates an 11,800-square-feet facility in Pasig City. It is an e-commerce enabler and e-distributor, delivering retail solutions for global brands. It is present in Singapore, Indonesia, Thailand, Malaysia and the Philippines.