Kerry Logistics Network Limited (‘Kerry Logistics’; Stock Code 636.HK) is pleased to announce that its subsidiary, Kerry Express, has been named the Asia Pacific Regional E-Commerce Logistics Service Provider of the Year at the 2017 Frost & Sullivan Asia Pacific Best Practices Awards ('the Awards'). Organised annually by global business consulting firm Frost & Sullivan, the Awards recognise best-in-class companies in the Asia Pacific for their outstanding achievements and performance in areas such as leadership, technological innovation, customer service, and strategic product development. The results were measured by industry analysts through in-depth interviews, analysis, and extensive secondary research to identify the best practices in each field. The selection of award recipients was based on a set of parameters including revenue growth, market share, leadership, and business strategy. “We are delighted to earn such a prestigious honour from Frost & Sullivan for our express operation,” said Alex Ng, Executive Director of Kerry Express. “We wish to thank Frost & Sullivan and the industry analysts for the recognition, and our express team for their hard work and support. The accolade is a testament to our dedication in providing reliable and cost-effective B2C/ C2C e-commerce solutions to some of the biggest e-retailers and small sellers on social media in the region. Leveraging the booming e-commerce and cross-border activities in Asia and across the globe, we will continue to focus on bringing innovative and flexible e-fulfilment solutions to our customers.” Kerry Logistics’ expansive express network covers Hong Kong, Taiwan, Thailand, Vietnam, Malaysia, and Cambodia. To further strengthen its service capability and coverage, Kerry Logistics formed a joint venture in 2017 Q2 with a local express operator in Indonesia to tap into the booming local express market. Singapore will be the next target for expansion.