Orchid Pavilion to open Cross-border logistics platform

Cross-border electric Commerce Pavilion set up 26th announced the launch of "Lan Ting Zhi Tong" cross-border Logistics open Platform, will provide cross-border electricity dealers worldwide logistics distribution service providers.

Prior to this, the Orchid Pavilion set potential mainly domestic merchandise sold abroad, in 2013 on the Nasdaq listing, the main market in Europe, North America and South America, sales of the main categories include clothing, home and all kinds of small commodities.

Starting "Lan Ting Zhi Tong", Lan Ting Zhi Tong to provide open price auction, global intelligent Path optimization, multi-logistics providers and other functions, the first phase comparison engine trial version has been online today.

In terms of price, the logistics platform will be below the current market price, to Shenzhen sent to the United States, for example, Lan Ting Zhi Tong offers a price of 24 yuan a kilogram. "We do not build our own logistics system like Jingdong, but integrate the global logistics companies, so that customers find the best service for them." "According to the logistics open platform responsible for the introduction.

Orchid Pavilion Set potential CEO Guo to disease, "Lan Ting Zhi Tong is the Orchid Pavilion set potential eight years of accumulated logistics experience, systems, data integration, to open the platform for all Cross-border electrical business use, but also open to more logistics enterprises and agents, so that they can participate in the tide of cross-border electricity, So that more Chinese companies can do ' not out of the house to sell the world. ' ”

Now for the Orchid Pavilion, there is a real need for new stories to spur the depressed stock price. The share price of the pavilion has been falling since 14, falling after reaching a peak of $8.47 in November last year and closing its share price to $6.06 a day, at a price of $9.5, which shrank by nearly 30 million U.S. dollars, to 36% of its market capitalisation, to date.

At present, Hai is the hottest electric business plate in China. Alibaba COO Zhang Yong said that the current opportunity for Cross-border electric dealers is no less than 2008 years of Taobao and Cat. NetEase Shun Fung every other day to kill into the Cross-border electricity quotient, Poly Mei Excellent product reconstruction users trust in the hope of the "fast duty-free shop", according to 36 of Krypton learned that the Ocean Terminal will announce the latest round of financing. ‘

As the first listed Cross-border electricity dealers, orchid Pavilion set potential to do water supply, open logistics platform to these up-and, I believe will also help to boost investor confidence.

Foreign trade business of the Orchid Pavilion set up in 2007, the company achieved revenue in 2012 200 million U.S. dollars, and in the fourth quarter of the quarterly profit, to achieve net profits of 1.115 million U.S. dollars. 2013 Orchid Pavilion set potential landing on Nasdaq, to 9.5 U.S. dollars per share of the IPO price to raise 80.75 million U.S. dollars.