AnyMind Group, a Singapore-founded business process as a service (BPaaS) company, has on Thursday announced that it has entered into an agreement to acquire all shares of Malaysia-based e-commerce enabler, Arche Digital.

The acquisition of Arche Digital aims to strengthen AnyMind Group’s BPaaS capabilities for domestic and international enterprises in Malaysia, by combining Arche Digital’s operational expertise in e-commerce with AnyMind Group’s proprietary software for e-commerce and marketing, AnyMind Group said in a statement.

It is noted that BPaaS is a business model that provides a combination of software and operational support functions across the business process.

Founded in 2015, Arche Digital provides enterprises in Malaysia with a wide range of services including e-commerce strategy development, e-commerce operations, warehouse and logistics management, online store operations, marketing and customer service.

Since its launch, the company has supported the growth of a variety of enterprises including global skincare brands and household brands, and amassed over 1 million orders.

“When considering merger and acquisition (M&A) opportunities, we evaluate the management team’s capability for leading the business in the medium to long term, and cultural fit, as well as synergy with our existing business,” said Kosuke Sogo, Chief Executive Officer and Co-founder of AnyMind Group.

“Arche Digital has a management team with deep expertise in the e-commerce field in Malaysia, and a track record of supporting various enterprises,

“We are confident that AnyMind and Arche Digital are able to create strong synergy together,” he added.

Steven Tan, Managing Director of Arche Digital, said that in anticipation of the acquisition, their commitment remains unwavering: to honor the legacy of the company while embracing the opportunities that lie ahead.

“Together, we plan to embark on a journey of innovation, growth, and shared success, guided by our shared vision and collective strengths,” he said.

According to the statement, Arche Digital will be AnyMind Group’s ninth acquisition in seven years, its first acquisition in Malaysia, its second acquisition of an e-commerce enabler following the completed acquisition of Indonesia-based DDI in September 2023, and its third acquisition in Southeast Asia.

Founded in Singapore on April 2016 and now headquartered in Tokyo, Japan, AnyMind Group is a BPaaS for marketing, e-commerce and digital transformation.

The company provides two broad offerings to brands and businesses, publishers and influencers: Brand Commerce and Partner Growth.

Brand Commerce provides businesses with the company’s platforms for manufacturing, e-commerce enablement, marketing and logistics, whilst Partner Growth provides web and mobile app publishers along with influencers and content creators with platforms for monetization and optimization.

AnyMind Group has over 1,500 staff across 22 offices in 15 markets, including Singapore, Thailand, Indonesia, Vietnam, Cambodia, Malaysia, the Philippines, Hong Kong, Taiwan, Mainland China, Japan, India, the United Arab Emirates, South Korea, and Saudi Arabia.

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