Omnichannel startup CitiXsys Opening Offices
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Fresh from a US$20 million funding injection, omnichannel-solutions startup CitiXsys plans to open six offices across Asia, eyeing region-wide expansion. CitiXsys’ new offices will be located in Singapore, Jakarta, Ho Chi Minh City, Manila, Bangkok, and Kuala Lumpur.
“Southeast Asia offers an ideal business climate today, with massive opportunity in this important region,” said Kamal Karmakar, CitiXsys CEO.
“Purchasing a retail-management solution is one of the most important decisions a retailer can make since the future of the entire business hangs on its success.”
Southeast Asia is the world’s fastest-growing internet region with the e-commerce market expected to reach US$53 billion by 2023.
“By opening up more local offices and bringing on local product expertise we will be able to better support the needs of our fast-growing client, partner, and distributor base in Southeast Asia,” added Paula Da Silva, executive VP of global partnerships and alliances at CitiXsys.
“Already this year, the CitiXsys channel partner ecosystem in this region has grown by 30 percent, signaling a need for solutions designed to complement the way retail works in Asia today.”
Questions & Answers
Q.Which specific cities will CitiXsys be opening new offices in?
Which specific cities will CitiXsys be opening new offices in?
The new CitiXsys offices will be located in six cities across Southeast Asia. These are Singapore, Jakarta, Ho Chi Minh City, Manila, Bangkok, and Kuala Lumpur, indicating a broad regional expansion strategy.
Q.What is the primary reason CitiXsys decided to expand into Southeast Asia?
What is the primary reason CitiXsys decided to expand into Southeast Asia?
CitiXsys sees Southeast Asia as offering an ideal business climate with massive opportunities, especially as the world's fastest-growing internet region. The e-commerce market is projected to reach US$53 billion by 2023.
Q.How has CitiXsys's channel partner network in Southeast Asia performed recently?
How has CitiXsys's channel partner network in Southeast Asia performed recently?
This year, the CitiXsys channel partner ecosystem in Southeast Asia has already grown by 30 percent. This growth signals a clear demand for their retail solutions in the region and supports the need for expansion.
Q.What kind of solutions does CitiXsys provide for retailers?
What kind of solutions does CitiXsys provide for retailers?
CitiXsys provides omnichannel solutions for retailers. Their CEO, Kamal Karmakar, states that purchasing a retail-management solution is one of the most critical decisions a retailer can make for their business's future success.
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