SKG launches Hong Kong platform as cloud logistics market targets 13.9% CAGR

Global market forecast to reach $356.2b by 2030

Smart Kreate Group Limited (SKG) set up shop in Hong Kong to capture the global cloud logistics market, forecast to see a compound annual growth rate (CAGR) of 13.9% between 2024 and 2030, according to a press release.

Forecasts cited from Grand View Research project the global cloud logistics market to expand to about $356.2b (US$46.31b) by 2030 from roughly $165.8b (US$21.55b) in 2024. SKG said it has anchored its operations in Hong Kong to support the global expansion of its integrated cloud logistics services.

The venture is backed by Oceanus Family Office and Caelus Global Strategy Fund SPC, and was formed through transactions completed in August 2025 that combined Smart Minds Holdings Limited, Times Express Limited, and H2N Limited. The group said Hong Kong will serve as its base to extend services into Southeast Asian markets including Vietnam and Thailand.

SKG reported that it processes more than 500,000 orders each month and serves over 310,000 global B2C customers, supported by more than 24 years of logistics industry experience and over nine years of software-as-a-service development.

The group said it has entered into a strategic collaboration with KEC (Hong Kong) Limited, a subsidiary of KLN Logistics Group Limited, to co-develop AI-powered logistics SaaS platforms for enterprise and small and medium-sized customers worldwide.

SKG said it aims to triple revenue over three years and achieve a net profit margin of fifteen to twenty percent, and added that it plans to pursue a Nasdaq listing as part of its capital markets strategy.

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