Kerry Logistics gears up for mainland e-commerce surge

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As Hong Kong’s largest 3PL, Kerry Logistics continues its preparations to list as a separate company from its parent. It is also moving forward with the chief plank of its future growth strategy: the provision of services for China’s already large, but still fast-growing, e-commerce retail segment. Apart from the obvious potential for growth, the move allows it to diversify its revenue-base away from its Hong Kong warehouse operations, which currently account for about 30% of its operating profit.