Enter the domestic office supplies market, Youmei and Staple jointly establish a new company
It is reported that in order to enter the domestic office supplies market of up to 2.5 billion US dollars per year, Umi announced on the 26th that it will sign a joint venture agreement with Staple, the world’s largest office supplies manufacturer, to cut off its office supplies division and establish a joint venture with Staple. In StapleUB, the participating parties will hold half of the shares, with a provisional capital of 6 million U.S. dollars, and Lin Weixiu will be the chairman of the board. MicrosoftInternetExplorer402DocumentNotSpecified7.8 lbNormal0 It is reported that, in order to gain access to the domestic office supplies market of up to 2.5 billion US dollars per year, Umi announced on the 26th that it will sign a joint venture agreement with Staple, the world's largest office supplies manufacturer, and will cut out its office supplies division. Staple UB is a joint venture with Staple. Both parties will hold half of the shares, with a provisional capital of 6 million U.S. dollars, and Lin Weixiu will be the chairman of the board. Chairman Lin Weixiu said that Staples was founded in 1986 and pioneered the concept of an office supplies supermarket. It is the world's largest office supplies manufacturer. There are currently 1786 office supplies supermarkets and 69,000 employees worldwide; revenue has doubled from 1999 to 2005. In 2005, the revenue reached 16.1 billion U.S. dollars and the profit was 830 million U.S. dollars. The market includes 21 countries in North America, South America, Europe and Asia, and its customers include enterprises and SOHO families. Lin Weixiu pointed out that Staples is actively expanding the Asian market, and its performance in mainland China has increased by 12 times in one and a half years. After the official contract, it will actively expand the Taiwan market. It is scheduled to complete the company's internal innovation within one month. The introduction of Staples includes procurement, service, management, Through global operation methods such as distribution and distribution, we will further expand Taiwan's office stationery market through beautiful customers. Youmei said that UB Express’s main product is office stationery, which currently accounts for only 6-7% of the total revenue and has an annual turnover of about 200 million yuan. It will cut out and establish a joint venture with Staples, hoping to expand its turnover. Lin Weixiu said that Umi will establish a joint venture with Staples to establish StapleUB, which will be invested by its subsidiary Youjie Xingye by 40%, professional management team 10%, Staples investment 50%, and cooperation to expand Taiwan’s office stationery market. After the cooperation between the two parties, the future will Introduce Staples' global development experience and combine suppliers, customers and supply chains to form a triple win. Youmei pointed out that the group’s UB Express is a division of Taiwan’s No. 1 office furniture brand, Youmei, and has a leading position in Taiwan’s office supplies market. This joint venture will introduce Staple’s experience in international channels and expand through the channels of Youmei. Market share in Taiwan’s office supplies market.