Cleantech Solutions International Inc (NASDAQ:CLNT) Finalizes An Exclusivity Deal With Inspirit Studio Pertaining Potential Acquisition


Cleantech Solutions International Inc (NASDAQ:CLNT) reported that Sharing Economy Investment Limited has finalized an exclusivity deal with Inspirit Studio, pertaining a prospective acquisition by SEI of at least 51% of Inspirit Studio.

The details

Inspirit Studio runs and develops a sharing economy mobile platform named Anyway, which enables people to offer courier delivery services during the course of their commuting times. Anyway links freelance couriers and senders who are willing to offer letters/parcels for senders in exchange for income.

It is a fast delivery and low cost solution which enables freelance couriers to make money by sharing their journeys. Anyway resolves issues that the prevailing courier services have. With Anyway, senders can expect speedy responses to contact with their freelance couriers who are in proximity to the senders. There is no restriction on business hours and service area. With a five-month pilot plan in Hong Kong, they have signed up more than 2,000 freelance couriers, with more than successful 6,000 transactions.

Parkson Yip, the COO of Cleantech Solutions, expressed that Anyway marks as a true sharing solution that can even bridge with numerous sharing economy platforms that they are advancing. They are thrilled to work with Anyway to fine tune their offering and incorporate with other sharing economy platforms. Yip stated that peer-to-peer courier services can have a big role in communities where they often intend helpers to run errands, or just bring products home from other sites, without sparing in the extra time. They expect to turning peer-to-peer courier services accessible internationally.

As per iimediaResearch, the count of users partaking in the peer-to-peer delivery sharing segment in China has surged to 231 million in 2016 from 124 million in 2014, and experts anticipate it to rise to 353 million by next year. Around 1.4 billion transactions were posted in the first quarter of 2017.

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