Ecargo
| Public | |
| Traded as | ASX: ECG |
| Industry | B2C supply chain, e-commerce, middleware, mobile commerce, tech consulting, SaaS, software |
| Founded | April, 2014 |
| Founder | Christopher Lau |
| Headquarters | Hong Kong |
Key people |
John Lau Shek Yau (Founder and Executive Chairman) Christopher Lau (Founder and CEO) Rupert Myer (Director) Chris Ryan (Director) Heath Zarin (Director) Franc Renzi (Chief Operating Officer) Garnok Cheung (Chief Financial Officer) Justus Wilde (Chief Strategy Officer) Mike Mikkelborg (Business Development Director) John Muir (Sales Director) |
Number of employees | 100+ (2014)[1] |
| Website |
www |
eCargo is a China-based e-commerce solutions provider.
History
WWE & Company
On July 26, 2016, ECG announced that it was forming WWE & Company, a new strategic business specialising in the development of mobile, cloud-based, O2O commerce enterprise technologies, targeting the mainland Chinese consumers’ growing demand for fashion, beauty and lifestyle. WWE & Company is a joint venture between The Wharf (Holdings) Limited (SEHK: 0004), Walton Brown Group (a company of The Lane Crawford Joyce Group), and ECG, initially capitalised at RMB 300 million.[2]
Post-IPO (November 2014-present)
On November 28, 2014, Ecargo Holdings Limited began trading on the Australian Securities Exchange,[3] raising $30 million in its initial public offering, with an initial share price of $0.40 and initial market capitalization of about $200 million.
According to Christopher Lau, chief executive and founder of ECG, the mission of the company is to help international brands develop and grow their online businesses in China.[4]
On June 9, 2015, ECG expanded its executive team with the appointment of Franc Renzi, Garnok Cheung and Justus Wilde respectively, as Chief Operating Officer, Chief Financial Officer and Chief Strategy Officer.[5]
Products
Ecargo Enterprise Limited has developed the eCoreOS e-commerce platform,[1] which enables Ecargo to develop and manage multiple custom or marketplace digital commerce online storefronts for retailers and fashion brands.
Brands
As of 2014, Ecargo Enterprise Limited brands include international fashion brands, retailers and operators, including Esprit, Jeanswest, Karen Millen, La Perla, Myer and Super Retail Group.
References
- 1 2 IPO Prospectus, http://www.ecargo.com/prospectus/ , September 18, 2014.
- ↑ Asia One Business, “Walton Brown and eCargo sign joint venture to launch a social mobile shopping platform in China” Asia One Business, July 26, 2016.
- ↑ Yahoo Finance, “Today eCargo (ASX:ECG) Started Trading on the Australian Stock Exchange” Yahoo Finance, November 28, 2014.
- ↑ http://www.chinadailyasia.com/business/2014-11/27/content_15196204.html China Daily, November 27, 2014.
- ↑ ASX, “Setting the Stage: eCargo Expands Executive Leadership Team” ASX, June 9, 2015.