Aras Kargo is set to expand its operations in Central Asia following its investment in Azerbaijan
A brand-new achievement for Aras Kargo: Acquisition of a company in Azerbaijan
Aras Kargo is proud to announce a milestone in its strategy to expand into international markets under the Aras Global brand. As an initial step towards this strategy, the company has acquired 75% of Star Express, one of Azerbaijan's leading shipping companies, providing service under the Starex brand. This acquisition will allow Aras Kargo to operate in Azerbaijan, introducing the company to the Central Asian market. Aras Kargo is committed to advancing the customer e-commerce experience to the next level by partnering with Turkish e-commerce companies as a strategic business partner for their expansion into global markets.
Aras Kargo, a pioneering and innovative shipping company in Türkiye, acquired a 75% shareholding in Star Express, one of Azerbaijan's major shipping companies delivering service under the Starex brand, and began offering shipping service in Azerbaijan under Aras Global.
Aras Kargo has gained an important foothold in the Central Asian market with Starex's investment, which will enable Aras Kargo to become a strategic business partner for Turkish e-commerce companies to expand internationally and enhance the e-commerce customer experience. Having improved its performance in the global market with this investment, Aras Kargo intends to pursue such investments in Turkic republics.
Uku Ayyarkın: "[We] introduce Turkish companies and entrepreneurs to the Central Asian market."
Utku Ayyarkın, General Manager at Aras Kargo, commented on the investment: "This acquisition is not only a business deal, but also a pathway to a future full of promising opportunities for us. With the Starex brand, the first investment of the new Aras Global Organization, we are not only raising our profile on the international stage but also attracting Turkish companies and entrepreneurs to the Central Asian market. Following this international investment, we plan to start operating under our own brand in Turkic republics by the end of this year. Thanks to this investment, we are taking an extremely major step forward as a leader in the global sector, starting with the Republic of Türkiye, moving on to Europe, then the Middle East and the United States."
Azerbaijan to play a key role in expanding the e-commerce volume
The acquisition will enable Aras Kargo to offer great benefits to its customers and buyers. Azerbaijani consumers will receive an end-to-end delivery service without intermediaries when purchasing from Turkish e-commerce companies. Thanks to Aras Global's competitive pricing and Starex's extensive distribution network, customers will be able to stay one step ahead of the competition. Customers in markets that work with Starex in Azerbaijan will enjoy a better shopping delivery experience thanks to Aras Kargo's investment in Starex.