27 May 2025 | News
Image Courtesy: Public Domain
YesAsia Holdings Limited ("YesAsia Holdings", and together with its subsidiaries, the "Group") (02209.HK), a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty and lifestyle products, announced the launch of its second Autonomous Mobile Robotics (AMR) warehouse in Tsing Yi, Hong Kong. This facility marks the largest deployment of AMR technology in Hong Kong's e-commerce sector, following the success of the Group's first smart warehouse, which debuted in 2022.
Spanning 147,468 sq. ft. at the Mapletree Logistics Hub Tsing Yi, the cutting-edge warehouse features 240 AMRs collaborating with 930 intelligent shelving units, a result of the Group's strategic partnership with Geek+. This automation enables industry-leading processing speeds, solidifying the Group's role as the authorized distributor for over 400 premium K-beauty brands. The warehouse's prime location provides direct access to Hong Kong International Airport's cargo network and global shipping routes, ensuring unparalleled logistics connectivity.
The new facility builds on the achievements of the Group's first AMR warehouse at Goodman Interlink, Tsing Yi. Since its launch, the first warehouse has achieved a 99.99% order accuracy rate and increased daily throughput capacity by 1.5x, demonstrating automation's transformative impact on logistics. These improvements drove US$6.6 million in annual cost savings in 2024 and reduced labor-intensive tasks by 30%.
With two AMR warehouses now operational, YesAsia Holdings has established one of Asia's most advanced e-commerce logistics networks. The deployment of over 400 AMRs directly supports surging global demand, as the K-beauty sector is projected to grow from US$12.54 billion (2023) to $25.98 billion by 2032 at 8.43% CAGR.1 The newly added warehouse strengthens the Group's position in global markets, including the US, Europe, Latin America, and the Middle East, where demand for Asian beauty products, particularly K-beauty, continues to drive e-commerce growth. By aligning its logistics backbone with this accelerating trend, YesAsia Holdings is positioned to capture the global K-beauty tide while solidifying its market leadership.
