Lakeside Holding Partners With Leading Global Social Media and E-Commerce Platform to Streamline Cross-Border Fulfillment
05 August 2024 - 3:00PM
Lakeside Holding Limited (“Lakeside” or the “Company”) (Nasdaq:
LSH), a U.S.-based integrated cross-border supply chain solution
provider with a strategic focus on the Asian market operating under
the brand American Bear Logistics (“ABL”), today announced a
strategic agreement with one of the world’s most popular social
media and e-commerce platforms (the “Platform”). This collaboration
will provide sellers on the Platform with a comprehensive suite of
customs brokerage services, including customs clearance and customs
duty management.
Technology-Driven
Efficiency
ABL's partnership goes beyond traditional
logistics services, powered by its cutting-edge technology and team
of experts. The Company's advanced API integration, developed
in-house, directly connects with the Platform’s inventory system,
enabling real-time data exchange for accurate order fulfillment and
seamless communication.
Key Benefits for Platform
Sellers:
- Simplified Customs
Clearance: ABL's expertise ensures smooth and efficient
customs processing.
- Efficient Pickup and
Delivery: ABL's established network guarantees timely
delivery.
- Real-Time Status
Updates: Sellers have full visibility into their inventory
throughout the process.
- Focus on Growth:
By outsourcing their logistics needs to ABL, Platform sellers can
focus more of their time on expanding their businesses.
“We are thrilled to partner with such a pioneer
in the digital and social commerce space,” said Henry Liu, Chairman
& CEO of Lakeside. “Our technical team's expertise and advanced
API integration capabilities will enable us to deliver unparalleled
logistics services, ensuring their products reach consumers quickly
and efficiently.”
About Lakeside Holding Limited
Lakeside Holding Limited, based in Itasca, IL,
is a U.S.-based integrated cross-border supply chain solution
provider with a strategic focus on the Asian market, including
China and South Korea. Operating under the brand American Bear
Logistics, we primarily provide customized cross-border ocean
freight solutions and airfreight solutions in the U.S. that
specifically cater to our customers’ requirements and needs in
transporting goods into the U.S. We are an Asian American-owned
business rooted in the U.S. with in-depth understanding of both the
U.S. and Asian international trading and logistics service markets.
Our customers are typically Asia- and U.S.-based logistics service
companies serving large e-commerce platforms, social commerce
platforms, and manufacturers to sell and transport consumer and
industrial goods made in Asia into the U.S. For more information,
please visit https://lakeside-holding.com.
Safe Harbor Statement
This press release contains forward-looking
statements that reflect our current expectations and views of
future events. Known and unknown risks, uncertainties and other
factors, including those listed under “Risk Factors,” may cause our
actual results, performance or achievements to be materially
different from those expressed or implied by the forward-looking
statements. You can identify some of these forward-looking
statements by words or phrases such as “may,” “will,” “expect,”
“anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,”
“is/are likely to,” “potential,” “continue” or other similar
expressions. We have based these forward-looking statements largely
on our current expectations and projections about future events
that we believe may affect our financial condition, results of
operations, business strategy and financial needs. These
forward-looking statements involve various risks and uncertainties.
Except as required by law, we undertake no obligation to update or
revise publicly any forward-looking statements, whether as a result
of new information, future events or otherwise, after the date on
which the statements are made or to reflect the occurrence of
unanticipated events. We qualify all of our forward-looking
statements by these cautionary statements.
Investor Relations Contact:
Matthew Abenante, IRCPresidentStrategic Investor
Relations, LLC Tel: 347-947-2093Email: matthew@strategic-ir.com
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