AEON Malaysia (AEON) has signed an agreement with Boxed to utilise its state-of-the-art technology to accelerate AEON’s expansion into new retail offerings.
Boxed technology and platform will serve the existing AEON Malaysia customers, as well as to support AEON Malaysia’s expansion into business-to-business ventures and its new retail solutions via AEON Malaysia’s virtual mall.
This solution will be able to support AEON Malaysia’s 4,000 tenants throughout its malls in the country.
The Chief Executive Officer of AEON Malaysia, Shafie Shamsuddin said, Boxed is one of the few e-commerce companies in the world that built entrepreneurial value in the company by running its own consumer business using its own technology.
“Working with Boxed will bring in a wholesome customer experience to AEON by bridging more than 1.3 million loyal AEON customers from offline to online space.
“We are confident that we can bring in quality tenants and merchants, as proven in our brick and mortar business, into our virtual mall,” he said in a statement.
A proven e-commerce platform in the United States of America (US) that was fully developed in-house, Boxed recorded an annual turnover of more than USD500 million.
It has redefined the wholesale shopping experience with its innovative, multi-platform approach, giving consumers direct-to-their-door access to all of their favourite warehouse club products.
-NIAGATIMES
