Samarkand Group plc: Strategic Investment by leading international express delivery company
DJ Samarkand Group plc: Strategic Investment by leading international express delivery company
Samarkand Group plc (SMK)
Samarkand Group plc: Strategic Investment by leading international express delivery company
10-May-2021 / 07:00 GMT/BST
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DATE: 10 May 2021
Samarkand Group plc
( Samarkand or the Company or together with its subsidiaries the Group )
Strategic investment by leading international express delivery company
Samarkand Group plc, the recently floated cross-border eCommerce technology solution provider, is pleased to announce a
About the company
Samarkand is a cross-border eCommerce company focused on connecting Western brands with China, the world’s largest eCommerce market.
The company s proprietary software platform, Nomad, covers commerce, distribution, logistics, payments, and analytics.
How it is doing 10 May 2021
Samarkand Global PLC (LON:SMK) said it has placed around 2.7mln new shares to raise £3.15mln as part of a strategic investment from delivery group United Win Asia as part of an effort to develop the firm’s international expansion and technology strategy.
United Win Asia is a subsidiary of S.F. Holding Co Ltd, a leading express delivery company in China with a market cap of around £32bn.