YQNLink an international logistics digital provider, has recently completed the acquisition of COPE, a cross-border e-commerce logistics brand. Through this acquisition, YQNLink will further deepen the service capabilities for last-mile service in cross-border e-commerce, strengthen platform integration to achieve a clear and transparent supply-chain overview, and reduce overhead costs. Hence with this acquisition, YQNLink's cross-border e-commerce logistics service will rank among the top 10 in the industry.

Since the start of the pandemic in 2020, the online consumption demand for e-commerce has skyrocketed, and so does the demand for the Chinese market. YQNLink cross-border e-commerce service has also expanded rapidly and has been elaborating its tool-sets and last-mile service. Compared with traditional trade, cross-border e-commerce logistics has higher requirements and demands for warehouse management and terminal distribution. Through a stable and established cooperation with 100+ shipping carriers and 2000+ top suppliers in North America, Latin America, Europe, Southeast Asia and etc, YQNLink has accumulated a variation of products for both sea, air transportation, and regional distribution resources, to provide e-commerce customers with first-class products through an expended end-to-end supply chain management all in one place.

The acquisition will further strengthen the mid-and back-end warehouse distribution capabilities for e-commerce logistics. Combine transportation resources and digital solutions, to enhance first-class freight service and door-to-door service. COPE started in California and is a leading cross-border e-commerce logistics enterprise focusing on medium to large items and multi-channel fulfillment. Ranked 9th in the "2021 E-commerce Logistics TOP30" list released by TucMedia, with 2.13 billion RMB in revenue. COPE's logistics service currently covers more than 80% of the United States market for medium and large-scale products. Their focus is to provide professional supply chain solutions for cross-boarder sellers of all sizes and varieties including Amazon, Walmart, Wayfair, etc.

YQNLink self-operated overseas warehouse resources in the North American market now exceed 1.8 million square feet, reaching a total of 14 warehouses in the United States, including California, New Jersey, Georgia, etc. With an intuitive digital platform and scheduling capabilities, we expect to provide industry-leading supply chain solutions for e-commerce sellers. Our focus is to help clients reduce overall costs and improve efficiency, to aid accelerate and scale their overseas business.

Shihao Zhou, Founder & CEO of YQNLink said, "YQNLink’s mission has always been to simplify shipping, to provide clients with smart logistics management tool-sets, and reduce overhead costs. COPE continues to reduce supply chain management costs for sellers through a digitized platform, which coincides with the corporate mission of YQNLink. Cross-border e-commerce is an important growth point for international trade, and COPE plays a critical role in last-mile distribution. We are delighted to welcome COPE and the team, and look forward to integrating both systems together to convenience for e-commerce sellers in North America, Latin America, Europe, Southeast Asia including other markets.”