#logistics #Hong Kong #Marvion Inc. #8M Limited

Marvion Inc. and 8M Limited Join Forces for Innovative eCommerce Logistics

In a significant move towards enhancing its operations in the eCommerce sector, Marvion Inc. (OTCQB: MVNC) has officially signed a Memorandum of Understanding (MOU) with Hong Kong-based logistics firm 8M Limited. The collaboration aims to develop a comprehensive "Delivery and Disposal" service model specifically designed for large household items and furniture, marking an important expansion in Marvion’s business strategy.

Transition to B2B2C Model

This MOU represents a strategic shift for Marvion, as it transitions from a purely B2B (business-to-business) model to a B2B2C (business-to-business-to-consumer) operational framework. By directly engaging with eCommerce platforms, Marvion’s logistics subsidiary, KSK Logistics, will be able to offer delivery, installation, and disposal services tailored to the needs of 8M’s customers.

Mr. Chan Sze Yu, CEO of Marvion Inc., expressed enthusiasm regarding this new partnership, stating, "This collaboration signifies a landmark moment for MVNC, as we align our logistics and warehousing resources with the dynamic eCommerce and new retail markets. By creating a direct avenue to online platforms, our subsidiaries can reach customers more effectively and diversify our revenue channels with sustainable long-term growth prospects."

Utilization of Warehouse Resources

Another aspect of the partnership will involve using United Warehouse Management Limited, a subsidiary of Marvion, to transform its Yuen Long warehouse into a hybrid showroom and logistics support center. This strategic move is aimed at enhancing customer engagement and service integration for 8M’s retail promotions concerning furniture and mattresses.

The dual-use of the warehouse will not only boost asset utilization but also bolster capabilities to conduct retail promotions within a logistics environment, thereby providing customers with a seamless experience during the purchasing and delivery processes.

Strategic and Investor Highlights

The partnership with 8M Limited presents several strategic advantages:

• - Recurring Revenue Model: Establishing direct access to eCommerce platforms creates a reliable B2B2C revenue model for Marvion.
• - Hybrid Logistics Center: The Yuen Long warehouse will act as a hub for both logistics operations and retail activities, optimizing resource use.
• - Enhanced Brand Visibility: The collaboration supports initiatives that promote trade-in and disposal services across Hong Kong, improving market reach and brand recognition.
• - Sustainable Growth: With a focus on integrated value-added logistics services, the partnership seeks to pave the way for sustainable growth and consistent income streams.

Vision for the Future

Mr. Chan elaborated on the future trajectory of Marvion, emphasizing their ambition to evolve from a traditional logistics operator into a multi-sector growth platform that interconnects supply chains, consumers, and smart retail solutions. This vision is centered around the idea of creating an ecosystem that capitalizes on synergies across various industries, all the while enhancing customer experiences and satisfaction.

Company Overview

Marvion Inc. operates mainly within the Hong Kong market, providing comprehensive logistics and warehousing solutions to a diverse range of business clients. As the Company continues to innovate and adapt to the changing landscapes of eCommerce and logistics, it aims to solidify its position as a leader in the sector.

For additional information, please visit Marvion's official website at http://www.unitedksk.com or contact their media team for inquiries.