YesAsia Holdings Launches Second AMR Warehouse in Hong Kong

YesAsia Holdings reinvents e-commerce logistics with the second AMR warehouse at Mapletree Logistics Hub Tsing Yi.

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.

References

1. ^{^} Media OutReach Newswire (www.media-outreach.com)