Hong Kong SAR, China, September 5, 2022 — FedEx Express, asubsidiary of FedEx Corp. (NYSE: FDX) and one of the world’slargest express transportation companies, has expanded FedEx®International Connect Plus (FICP), an international, day-definite,e-commerce shipping service that combines competitive speed withattractive prices to four more markets across the Asia Pacific,Middle East and Africa (AMEA) region. This includes Indonesia, NewZealand, the Philippines, and Vietnam.
The broader coverage of FICP is FedEx latest effort to support therobust development of e-commerce in the AMEA region. Led by threeof the fastest-growing markets – the Philippines, Indonesia andVietnam, e-commerce sales in Southeast Asia will reach $100 billionby 2023.[1] Thee-commerce market in New Zealand is also forecast to grow 6% eachyear up to 2025.[2]Withthis expansion, FICP is now available to e-tailers across 14markets including Australia, Hong Kong SAR, India, Indonesia,Japan, mainland China, Malaysia, New Zealand, Singapore, SouthKorea, Taiwan, the Philippines, Thailand and Vietnam. E-commercemerchants in these markets can now offer their customers aninternational shipping solution with prices that offervalue-for-money, while ensuring most shipments will be deliveredbetween 1 to 3 business days* within AMEA**.
The service also offers other delivery capabilities, includingtracking, sending out notifications to receivers and theflexibility to change delivery options via FedEx Delivery Manager®,which gives end customers more visibility, control, and convenienceover their online orders. benefitsof FICP for e-tailers and their customersinclude:Greatervalue – TheFICP allows businesses to enjoy greater savings at competitiveday-definite transits, and their customers get suitable choices bymatching attractive prices with their specific deliveryneeds.Flexibilityand control –Besides home delivery, the FICP service enables e-tailers to givetheir end customers the flexibility to pick up their package fromhundreds of pick-up locations nearby and the option to changedelivery date and location.