HO CHI MINH CITY, Vietnam, March 28, 2019 /PRNewswire/ -- Gido has launched its cross-border express delivery service from China to Vietnam in 3 working days at the price US$1.95 per parcel.
According to Meticulous Research, the global e-commerce market will grow at a CAGR of 11.1% from 2018 to 2025 and will reach US$24.3 trillion by 2025. In particular, China is currently the largest e-commerce market in the world, accounting for 42% of the global market share. According to McKinsey Global Institute's report, China's ability to handle online transactions per year is higher than total of five countries France, Germany, Japan, USA and England. Especially, the Chinese government's decision to raise the purchase limit for cross-border e-commerce by the end of 2018 promises a huge growth for this market in 2019.
This not only brings opportunities for global retailers to infiltrate in the 1.4 billion people market but also opens a potential market for cross-border logistics companies.
Introduction to Gido - Digital Forwarding Platform
Gido is a branch of GHN -- top E-commerce express delivery service in Vietnam, with a goal to deliver cross-border e-commerce parcels from China & Korea to Vietnam within 3 to 5 days. Gido builds a modern IT system to connect multiple delivery partners in different countries along cross-border routes on one single platform to increase handling capacity, reduce transit time, tracking transparently in order to scale things up with the lowest cost.
All parcels shipped by Gido are 100% officially customs clearance. Customers can either submit the parcels and recipients information via Excel file or integrate API with Gido system. With high operating capacity based on modern technology platform, parcels will be delivered end-to-end to the recipients in Hanoi and Ho Chi Minh City within 3 days at the cost US$1.95 per parcel from China, and US$3.95 per parcel from Korea. This pricing applies to all e-commerce parcels which does not exceed 3 kg in weight and 1,000,000 VND in value (Vietnam's de minimis value).
What opportunities for Gido in the cross-border e-commerce "game"?
Being a newcomer, what is Gido's breakthrough to be able to confronted with experienced companies?
"We are inspired by asset-light business model of Cainiao, 4PX, Janio... to connect multiple delivery partners along cross-border routes on one single platform," Hai Vo - CEO of Gido said. "This enables us to combine partners' operation capacity with our own infrastructure more than 1.000 stations, 30.000 drivers nationwide to provide a comprehensive cross-border e-commerce delivery solution with minimal setup time and cost in comparison to other asset-heavy companies. Moreover, Gido provides unified tracking numbers for all stakeholders: sellers, buyers and marketplaces, to have real time tracking of the parcels from the sellers in China / Korea until successful delivery to the end buyers in Vietnam, on gido.vn website."
Gido commits to provide cheaper and faster solution for cross-border delivery of e-commerce packages from China to Vietnam with the following offerings:
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