AnyMind Group, a BPaaS company for marketing, e-commerce and digital transformation, has today announced the completion of its full acquisition of Malaysia-based e-commerce enabler, Arche Digital, first announced on March 21, 2024.
Arche Digital was founded in 2015, and supports brands including L’Occitane en Provence, SC Johnson, Melvita, Elemis and Yale, for e-commerce strategy development, e-commerce operations, warehouse and logistics management, online store operations, marketing and customer service in Malaysia.
Arche Digital will continue to operate under its Arche Digital brand in Malaysia, and its customers (principals) will also be able to tap on AnyMind Group’s resources, including AnyMind Group’s technology stack, local networks across APAC, and in-market operations teams.
AnyMind Group will first roll out its AnyX (e-commerce management), AnyTag (influencer marketing), and AnyChat (conversational commerce) platforms to Arche Digital’s principals, and look to further develop synergies between Arche Digital’s logistics and fulfillment expertise and capabilities with AnyMind Group’s global logistics platform, AnyLogi.
Steven Tan, founder and managing director of Arche Digital, will take up a management position in AnyMind Group’s leadership team. On the acquisition, Tan said: “Having seen firsthand AnyMind’s technological capabilities and scale, there is only upside for our principals, as we look to open up even more possibilities across the business value chain. With the Malaysia e-commerce industry projected to grow by double digits this year, our principals now have the best resources to accelerate growth now and in the future.”
Kosuke Sogo, CEO and co-founder of AnyMind Group, said: “The acquisition of Arche Digital strengthens our local network capabilities in Malaysia, particularly in e-commerce operations and logistics expertise. We are especially excited about enhancing cross-border opportunities for Malaysian brands to expand overseas and bringing international brands into Malaysia, similar to the opportunities we offer through DDI.”
Arche Digital is expected to contribute to AnyMind Group’s earnings from the third quarter of 2024 (from July 2024). Arche Digital is AnyMind Group’s ninth acquisition and second acquisition of an e-commerce enabler, following the completed acquisition of Indonesia-based Digital Distribusi Indonesia in 2023.
