London-based Beacon, a next generation freight forwarding and supply chain finance company, has continued its rapid growth trajectory by doubling the size of its team, increasing its customer base and expanding its physical presence into Asia by opening a new office in Hong Kong.

Since March, Beacon’s headcount has increased from 35 to 75, and it has achieved a ratio of 40% women employees, in line with the company’s key objective of fostering gender diversity and inclusivity in the workplace. With business performance up by 300% in the last quarter alone, opening an office in Asia was the logical next step for the company to support a growing customer base and global footprint. James Yu, previously Logistics Program Manager at Uber in Hong Kong, has been appointed as Ocean Procurement Lead, HK, based in the new Hong Kong office.

An ever-growing number of Beacon’s customers have supply partners in China and elsewhere in Asia, and having a presence in the same time zone will enable the company to offer superior customer service and better connectivity between importers and exporters. The insights gained from having a local presence also means that Beacon can continue to develop its technology for the benefit of both customers and their manufacturers.

Commenting on Beacon’s expansion into Asia, Beacon co-founder and CEO Fraser Robinson said: “It has been an extremely busy year for Beacon; we have more than doubled the size of our team and our customer numbers have also grown significantly. As the world’s leading manufacturing hub, Asia is central to our expansion strategy and we are pleased to have opened an office here and made our first hire. A large proportion of our cargo volumes originate in Asia and it is important to us that we have a local presence to provide better service to our customers and their partners in China and the surrounding areas."