The full acquisition of Malaysia-based e-commerce enabler Arche Digital by AnyMind Group, a business process as a service (BPaaS) provider for marketing, e-commerce, and digital transformation, was completed. AnyMind Group is based in Singapore.
In a statement, AnyMind Group said that Arche Digital will keep up its operations in Malaysia under the Arche Digital brand and that its clients, the principals, will have access to AllMind Group’s resources, which include the company’s technology stack, local networks throughout Asia Pacific (APAC), and in-market operations teams.
Arche Digital’s principals will be the first to receive AnyMind Group’s AnyX (e-commerce management), AnyTag (influencer marketing), and AnyChat (conversational commerce) platforms. AnyMind Group will then work to further develop synergies between Arche Digital’s fulfillment and logistics capabilities and AnyMind Group’s global logistics platform, AnyLogi.
It is reported that AnyMind Group’s executive team will welcome Steven Tan, the founder and managing director of Arche Digital, to a management role.
“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,” he said.
AnyMind Group’s co-founder and CEO, Kosuke Sogo, stated that the company’s local network capabilities in Malaysia are strengthened by the acquisition of Arche Digital, especially in the areas of logistics and e-commerce operations.
“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 Digital Distribusi Indonesia (DDI),” he said.
Established in 2015, Arche Digital provides support to various brands in Malaysia, such as L’Occitane en Provence, SC Johnson, Melvita, Elemis, and Yale, for the development of e-commerce strategies, e-commerce operations, warehouse and logistics management, online store operations, marketing, and customer service.
From July 2024, or the third quarter of 2024, Arche Digital is anticipated to contribute to AnyMind Group’s earnings.
After DDI, an Indonesian company, was successfully acquired in 2023, Arche Digital is AnyMind Group’s ninth acquisition overall and its second of an e-commerce enabler.
