eCargo Holdings Limited (ASX: ECG) is a “One-stop Shop” Online-to-Offline enabler, servicing international brands and retailers entering the Asian market. It maintains operating companies in China, Vietnam and Australia trading under the brand names of eCargo, Jessica's Suitcase, Metcash Asia and Asian Business Group (ABG).
History
Post-IPO (2014 - 2015)
On November 28, 2014, Ecargo Holdings Limited began trading on the Australian Securities Exchange,[2] raising $30 million in its initial public offering, with an initial share price of $0.40 and initial market capitalization of about $200 million.
According to Christopher Lau, former-chief executive of eCargo, the mission of the company is to help international brands develop and grow their online businesses in China.[3]
On June 9, 2015, ECG hired Franc Renzi, Garnok Cheung and Justus Wilde as Chief Operating Officer, Chief Financial Officer and Chief Strategy Officer, respectively.