YesAsia
Holdings
reinvents
e-commerce
logistics
with
the
second
AMR
warehouse
at
Mapletree
Logistics
Hub
Tsing
Yi.
Spanning
147,468
sq.
ft.
at
the
Mapletree
Logistics
Hub
Tsing
Yi,
the
cutting-edge
warehouse
features
240
AMRs
collaborating
with
930
intelligent
shelving
units,
a
result
of
the
Group’s
strategic
partnership
with
Geek+.
This
automation
enables
industry-leading
processing
speeds,
solidifying
the
Group’s
role
as
the
authorized
distributor
for
over
400
premium
K-beauty
brands.
The
warehouse’s
prime
location
provides
direct
access
to
Hong
Kong
International
Airport’s
cargo
network
and
global
shipping
routes,
ensuring
unparalleled
logistics
connectivity.
The new facility builds on the achievements of the Group’s first AMR warehouse at Goodman Interlink, Tsing Yi. Since its launch, the first warehouse has achieved a 99.99% order accuracy rate and increased daily throughput capacity by 1.5x, demonstrating automation’s transformative impact on logistics. These improvements drove US$6.6 million in annual cost savings in 2024 and reduced labor-intensive tasks by 30%.
With two AMR warehouses now operational, YesAsia Holdings has established one of Asia’s most advanced e-commerce logistics networks. The deployment of over 400 AMRs directly supports surging global demand, as the K-beauty sector is projected to grow from US$12.54 billion (2023) to $25.98 billion by 2032 at 8.43% CAGR.1 The newly added warehouse strengthens the Group’s position in global markets, including the US, Europe, Latin America, and the Middle East, where demand for Asian beauty products, particularly K-beauty, continues to drive e-commerce growth. By aligning its logistics backbone with this accelerating trend, YesAsia Holdings is positioned to capture the global K-beauty tide while solidifying its market leadership.
1 Straits Research: K-Beauty Products Market Size, Share & Trends Analysis Report By Product Type (Skin Care, Hair Care, Bodycare), By End-User (Male, Female) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030
Hashtag: #YesAsia
The issuer is solely responsible for the content of this announcement.
Support InfoStride News' Credible Journalism: Only credible journalism can guarantee a fair, accountable and transparent society, including democracy and government. It involves a lot of efforts and money. We need your support. Click here to Donate