BFM Signs MOU with DTDC and DCG to Build a Powerful New eCommerce Platform in India
HONG KONG, June 21, 2016 /PRNewswire/ -- BFM, a rapidly rising new player in eCommerce in China, announced today that it has entered into a Memorandum of Understanding (MOU) with DTDC, India's largest express delivery network, and DCG Tech Limited, an eCommerce tech company founded by DTDC's Promoters and Directors, to jointly develop an eCommerce business in India.
According to the MOU with a non-compete clause, a Joint Venture will be formed to build an eCommerce platform. The cooperation aims to engage the experiences and resources of the companies to allow sellers mainly from India and China to introduce their products to buyers all over the world.
Through the combined effort, a new online platform (BFMe.in) targets to facilitate logistics and fulfillment with the support of DTDC's international network. BFM will provide marketing and supplier resources in China. Together with DCG Tech, BFM will also provide the knowhow in operating the eCommerce website.
About BFM International Company Limited
BFM International Company Limited is an eCommerce company. The core management team comes from the eCommerce giant players in China and is now extending its cross border eCommerce business in China and India.
About DTDC Express Limited
DTDC Express Limited, a strategic partner of DPD Group, is the largest express delivery company in India. It has been operating over 25 years and covers 10,000 locations.
About DCG Tech Limited
DCG Tech Limited is an established eCommerce Tech company operating in India for the last 10 years. The company provides online Corporate, promotions and Packaging Solutions for Indian eCommerce and Logistics Industry.
Media Contact:
Elaine WONG
Head of Overseas Business Development
Email: [email protected]
Tel: +852-3709-3777
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