LightInTheBox partners with Gati
LightInTheBox has formed a strategic business partnership with the Indian logistics company Gati in order to supply China-sourced consumer goods to India’s online shoppers. In a statement issued yesterday (4 September), LightInTheBox said it will “leverage its extensive supply chain network in China to provide high quality products at attractive prices to over 100 million Indian online shoppers using Gati’s pan Indian expertise in logistics and warehousing to simplify the cross-border e-commerce shopping experience for Indian customers”.
LightInTheBox continued: “Gati’s customized cross-border logistics solutions between China and India will significantly improve the speed, reliability, and cost of delivery of LightInTheBox parcels to India.
“Both companies will jointly explore online payment solutions, big data analytics, and general business development initiatives as well as local warehousing and fulfillment solutions in India to further reduce delivery times and improve customer satisfaction.”
“We are very excited to begin working with Gati, whose strong local resources and knowledge will greatly help expand our presence in the market,” commented Alan Guo, Chairman and CEO of LightInTheBox. “I believe this strategic partnership demonstrates our localized strategy approach to the Indian market and our commitment to improve the customer experience.”
Dhruv Agarwal, Chief Strategy Officer of Gati, added: “This is a key partnership for Gati and through our strong network and infrastructure we will help bring a large range of global products to customers across India.”
Gati started operating in India in 1989 and now also has offices in Singapore, Hong Kong, China, Nepal and Thailand.
