Samarkand Group plc : Samarkand becomes a FedEx Alliance Partner (1271767)
January 24 2022 - 1:00AM
UK Regulatory
Samarkand Group plc (SMK) Samarkand Group plc : Samarkand
becomes a FedEx Alliance Partner 24-Jan-2022 / 07:00 GMT/BST
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24th January 2022
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Samarkand Group plc
("Samarkand", the "Company" or together with its subsidiaries
the "Group")
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Samarkand Group becomes a FedEx Alliance Partner, powering
cross-border eCommerce from international markets into China
Samarkand Group plc, the cross-border eCommerce technology
solution provider, is pleased to announce it has formed an Alliance
Partnership with FedEx, utilising the Nomad technology platform to
power cross-border eCommerce from international markets into China.
The Nomad Checkout solution will be available to all FedEx clients
via the Compatible Solutions Program through a direct integration
between the Nomad platform and FedEx. Under the Compatible
Solutions Program, merchants will be able to discover the Nomad
Checkout solution and quickly be onboarded using their FedEx
account. Nomad Checkout will be the first specific solution within
the program for the Chinese CBEC market. FedEx sales teams will be
trained on the benefits of the Nomad solution along with co-branded
marketing activities to promote the solution to merchants
globally.
Nomad Checkout integrates seamlessly with existing eCommerce
software such as Shopify and provides a superior experience for
merchants and consumers, including improved site performance,
localisation, Chinese payment methods, express logistics options
and integrated customs clearance. This results in faster shipping,
reduced customs stoppage rates, more convenience for consumers and
lower customer service overhead for merchants.
David Hampstead, CEO of Samarkand Group commented: "The
integration with FedEx and inclusion on the Compatible Solutions
Program as the first cross-border eCommerce solution provider for
China represents an enormous potential pipeline of new clients for
our solutions. FedEx is trusted by millions of merchants and
consumers globally. Inclusion on the Certified Solutions Program
will allow merchants from around the world to use our solutions.
This is strong validation of our technology and is in line with
growing our SaaS offering rapidly through partnerships. We have
already seen great benefits from our partnership with China's
number one logistics company, SF Express, and this is a natural and
exciting extension of the global partner network we are building.
These partners have combined annual revenues of over USD100bn and
give us extensive reach across all of the key markets we want to
address."
For more information, please contact:
Samarkand Group plc Via Alma PR
David Hampstead, Chief Executive Officer
http://samarkand.global/
Eva Hang, Chief Financial Officer
VSA Capital - AQSE Corporate Adviser and Broker +44(0)20 3005 5000
Andrew Raca, James Deathe, Pascal Wiese (Corporate Finance)
IPO@vsacapital.com
Andrew Monk (Corporate Broking)
Alma PR +44(0)20 3405 0213
Josh Royston
Robyn Fisher samarkand@almapr.co.uk
Joe Pederzolli
Notes to Editors
FedEx is a Fortune 500 company and a leader in global commerce
with 600,000 team members globally, unparalleled international
coverage and an extensive delivery capability in 220 countries and
territories including China. FedEx employs over 12,000 people in
China across 99 offices and 250 flights each week.
Samarkand is a cross-border eCommerce technology and retail
group focusing on connecting International Brands with China, the
world's largest eCommerce market. The Group has developed a
proprietary software platform, the Nomad platform, which is
integrated across all necessary touchpoints required for eCommerce
in China including eCommerce platforms, payments, logistics, social
media and customs. The Nomad platform is the foundation on which
the Group's Nomad technology and service solutions are built. The
core products include Nomad Checkout, Nomad Storefront and Nomad
Distribution.
Founded in 2016, Samarkand is headquartered in London, UK with
offices in Shanghai and Tokyo employing over 160 staff.
For further information please visit
https://www.samarkand.global/
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ISIN: GB00BLH1QT30
Category Code: MSCM
TIDM: SMK
Sequence No.: 138276
EQS News ID: 1271767
End of Announcement EQS News Service
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January 24, 2022 02:00 ET (07:00 GMT)
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