Flash Group, a fully integrated e-commerce logistics company, presented its highly tech-advanced ecosystem through its business networks: Flash Express, Flash Home, Flash Fulfillment, and FlashPay. The event took place last Thursday, March 7, 2024, in Taguig City.
Founded in Thailand by Mr. Komsan Lee in 2017, Flash Group achieved unicorn status within just three years. This designation is given to companies reaching a valuation of US$1 billion.
In 2021, the company launched Flash Express in the Philippines. It quickly became one of the fastest-growing couriers and logistics companies in the country, achieving 95% nationwide coverage in less than a year. Flash Express disrupted the e-commerce logistics industry by providing Filipinos with excellent delivery services.
Leveraging its experience in Thailand, Flash Group implemented strategic planning to expand its network. Hundreds of hubs and distribution centers were established across the country. Simultaneously, the company introduced additional logistics services that have been well-received by the Philippine market.
Flash Group business networks
Flash Express
Forwards business through its self-operated delivery network, cost-effective solutions, and B2B to C2C services.
Flash Home
Extends business opportunity to every Filipino through a partnership that offers low-cost cost-service, higher profit margin, and value-added services for a minimum investment and requirements.
Flash Fulfillment
Fulfills customers’ logistics requirements with its material & e-commerce warehouse facilities to manage inbound/outbound logistics, order, and inventory management.
FlashPay
Offers digital and automated financial transaction services to merchants by providing electronic wallet services, payment collections, and payout solutions.
Flash Express Country People Head cited during the press conference that the company is servicing the major e-commerce platforms in the country and has over 4,819 key customers all over the Philippines expecting it to increase by 50% this year.
“Aside from our highly-tech advanced logistics ecosystem, the company is also working to add more facilities, hubs, and distribution centers to sustain our 95% serviceable areas as we aim to deliver 300,000,000 parcels as our target this year”, Chew said.
As of January, the company has 28 sorting hubs in the Philippines, as well as 736 distribution centers and 27 pick-up distribution centers. Plus, 2,025 Flash Home branches.
Flash Group employs 22,000 all over the country, of which 18,000 are operations staff expecting to grow by 30% to back up its operations this year.
