Retailo Signs Strategic Partnership with Maersk for Warehousing Solutions in Pakistan
Retailo, the fastest-growing B2B e-commerce platform in the MENAP region, has partnered with Maersk, a global integrator of container logistics, for warehousing services in Pakistan. Through this regional partnership, Retailo will be able to rely on Maersk for its ever-expanding business needs by getting access to purpose-built warehouses and expand the scale of its business.
Inefficiencies within the region’s retail sector have long hindered the retailers’ business and profits. Procurement and supply chain channels within the region are entirely informal and pose significant challenges. Retailo’s unique business model, systematic logistics, and intuitive technology are revolutionizing the retail industry and to serve the demand, Retailo now uses several large warehouses in the region.
Maersk, as a part of its integrated logistics solutions, has been offering its customers services that cover their entire supply chain needs including landside transportation, warehousing, customs clearances, ocean shipping, technology, and other customized offerings at origin and destination.
Expanding its footprint to serve customers better, specifically in the warehousing landscape, Maersk is creating dedicated warehouse solutions for Retailo, starting in Karachi. The partnership with Maersk will help Retailo manage their large inventories as per specific requirements.
Commenting on the development, Retailo co-founder Wahaj Ahmed said, “As Retailo’s business and reach grows, the storage, inbound and outbound operations will grow exponentially. With Retailo’s vision of reaching and impacting 10 million retailers across the MENAP region in the future, a strategic partnership with a reliable warehouse services provider, like Maersk, will prove to be a huge contributor in realizing Retailo’s vision effectively.”
Maersk Pakistan’s Managing Director Aruna Hussain, while commenting on the partnership, said, “At Maersk, our ambition is to connect and simplify our customers’ supply chains. Our partnership with Retailo strengthens our commitment to this ambition. With our experience in warehousing and distribution business and our strength in the end-to-end logistics sector, we are confident of creating a reliable solution for Retailo and support their expansion vision.”
Retailo will commence operations with Maersk Pakistan from 1st April 2021 and the two companies will explore opportunities to grow and expand in other geographies across MENAP.
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