Transcosmos announced that the company has made a partnership with Global-e in South Korea, the world's leading platform enabling and accelerating global, direct-to-consumer cross-border e-commerce to enable South Korean retailers and brands to optimize and increase their cross-border e-commerce operations and drive global online growth. Transcosmos announced its partnership with Global-e in Japan in November 2021.
With Global-e, brands, and retailers can now offer international shoppers in over 200 destinations worldwide a seamless localized experience, which includes local messaging, currency, tax and duties calculation, payment options, delivery, and returns. By utilizing Global-e's big-data business intelligence models and streamlined logistics, merchants can optimize their cross-border e-commerce offering to boost international traffic conversion rates, while opening up new opportunities in markets across the globe.
Transcosmos deals with comprehensive e-commerce services, driving towards digital transformation capabilities and helping businesses enhance their global online retail offerings. Since forming a partnership in Japan in 2021, Global-e and Transcosmos have attracted a diverse range of retailers and brands with their service capabilities, and helped their success in the Middle East and Latin America, not to mention Asia, the United States, and Europe.
The two companies have formed a collaboration in the market following Japan, as the pace of globalization now will accelerate among Korean retailers and brands. Transcosmos will assist retailers and brands in both Japan and South Korea grow their cross-border e-commerce business with its simple, cost-effective services.