Office Depot Announces Strategic Alliance with bigboXX.com to Serve International Accounts in Hong Kong.DELRAY BEACH Delray Beach, resort city (1990 pop. 47,181), Palm Beach co., SE Fla., on the Atlantic coast; settled 1895, inc. 1911. Mostly residential, Delray Beach is also the trade center for a citrus-fruit and vegetable-growing region. , Fla. -- Office Depot Office Depot (NYSE: ODP) is one of the world's leading suppliers of office products and services. The Company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, [R] (NYSE NYSE See: New York Stock Exchange :ODP ODP - Open Distributed Processing ), a leading global provider of office products and services, and bigboXX.com, a leading office supplies Office supplies is the generic term that refers to all supplies regularly used in offices by businesses and other organizations, from private citizens to governments, who works with the collection, refinement, and output of information (colloquially referred to as "paper work"). provider in Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. , wholly owned by Hutchison Whampoa Hutchison Whampoa Limited or HWL (Traditional Chinese: 和記黃埔有限公司, HKSE: 0013 Limited, today announced that they have entered into a strategic alliance to provide office products and services to corporate customers in Hong Kong. Through this alliance, bigboXX.com will become Office Depot's dedicated partner in Hong Kong, enabling clients to use the Office Depot international network for their multi-country supply needs. The Office Depot and bigboXX.com alliance provides an efficient, integrated office products solution for Hong Kong customers with local, regional or global needs. The partnership enhances the ability of Office Depot and bigboXX.com to offer the international service that is required by today's multinational companies. In China, Office Depot has operations in Beijing, Shanghai, Guangzhou, Shenzhen, Tianjin and Wuxi. bigboXX.com is currently one of the largest office services providers in Hong Kong serving over 40,000 corporate customers. "Hong Kong is a key market for many global companies and the new relationship between Office Depot and bigboXX.com will provide a complete procurement solution for both new and existing customers," said Teddy Chung, Managing Director for Office Depot Asia. "The alliance with bigboXX.com enables us to better serve our Hong Kong based customers with overseas operations." "Our leading domestic position in Hong Kong, combined with Office Depot's strong international network, is a winning combination and an ideal partner for international clients in the region," said Ronnie Fung, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of bigboXX.com. "Be it a big corporation, a medium-sized business or a small office set-up, companies will be able to get anything they need for their office operations through our new relationship with Office Depot." About bigboXX.com bigboXX.com is a leading B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business operator supplying a comprehensive range of office products and services. It is one of the largest office supplies providers in Hong Kong, providing corporate customers with over 8,000 products in different categories including stationeries, paper, computer supplies, breakroom supplies and office machineries etc. bigboXX.com also offers a Print Center for digital and offset printing, a Premium Center that sources gift items for promotions, Records Management Service that offers secure document storage solutions and the Office Relocation Service that handles a full-range of relocation arrangements for offices. bigboXX.com is an e-commerce operation of Hutchison Whampoa Limited. About Office Depot Every day, Office Depot is Taking Care of Business for millions of customers around the globe. For the local corner store as well as Fortune 500 companies, Office Depot provides products and services to its customers through 1,670 worldwide retail stores, a dedicated sales force, top-rated catalogs and a $4.9 billion e-commerce operation. Office Depot has annual sales of approximately $15.5 billion, and employs about 49,000 associates around the world. The Company provides more office products and services to more customers in more countries than any other company, and currently sells to customers directly or through affiliates in 43 countries. Office Depot's common stock is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol ODP and is included in the S&P 500 Index. Additional press information can be found at http://mediarelations.officedepot.com. |
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