Samarkand Group unveils investment from number one international express delivery firm in China
Samarkand Global PLC (LON:SMK) David Hampstead talks to Proactive London about their new investment deal with S.F. Holding, a leading Chinese delivery group with a market cap of around £32bn.
United Win Asia is a subsidiary of S.F. Holding Co Ltd and Hampstead believes this will combine well with their own Nomad technology platform.
He says they are well known for their speed and reliability as well as a very trusted brand in China .
Hampstead also discusses their decision to snap up mother and baby nutritional product brands Zita West Products and Babawest.
Samarkand Group plc: Strategic Investment by leading international express delivery company
DJ Samarkand Group plc: Strategic Investment by leading international express delivery company
Samarkand Group plc (SMK)
Samarkand Group plc: Strategic Investment by leading international express delivery company
10-May-2021 / 07:00 GMT/BST
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DATE: 10 May 2021
Samarkand Group plc
( Samarkand or the Company or together with its subsidiaries the Group )
Strategic investment by leading international express delivery company
Samarkand Group plc, the recently floated cross-border eCommerce technology solution provider, is pleased to announce a
About the company
Samarkand is a cross-border eCommerce company focused on connecting Western brands with China, the world’s largest eCommerce market.
The company s proprietary software platform, Nomad, covers commerce, distribution, logistics, payments, and analytics.
How it is doing 10 May 2021
Samarkand Global PLC (LON:SMK) said it has placed around 2.7mln new shares to raise £3.15mln as part of a strategic investment from delivery group United Win Asia as part of an effort to develop the firm’s international expansion and technology strategy.
United Win Asia is a subsidiary of S.F. Holding Co Ltd, a leading express delivery company in China with a market cap of around £32bn.
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