SINGAPORE (June 18): Koh Chaik Ming admits that he once thought the free delivery service offered by Tmall, the online shopping platform belonging to Alibaba Group Holding, would neither last for long nor help it win over customers in a big way. But he proved himself wrong while living in Beijing, where he worked for Royal Dutch Shell. Within a year of moving into his Beijing apartment in 2012, he had accumulated more online shopping boxes than any of his neighbours.  

Main image -- Koh (right, with Goh): Southeast Asia’s e-commerce growth is what was happening in China in 2012

Koh is now CEO of Forchn International, the overseas arm of Shanghai-based Forchn Holdings, a provider of logistics services to e-commerce platforms. A key unit of the group is Ruyi cang, which operates about 700,000 sq m of e-commerce warehouse space in China. About one-third of this space is owned by Ruyicang, while the rest is leased. One of its most significant clients is Alibaba. In fact, Ruyicang provides the logistics support for about half of Alibaba’s Ling Shou Tong business, which aims to provide China’s six million mom-and-pop stores with a presence in the e-commerce sphere. Forchn Holdings is also a backer of Alibaba’s 51%-owned logistics firm Cainiao Smart Logistics.  

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