Globavend is a small Hong Kong-based e-commerce logistics provider focused on cross-border parcel delivery from Hong Kong to Australia and New Zealand. Its core offering is an integrated, end-to-end logistics service for e-commerce merchants — covering order processing, parcel consolidation at its Hong Kong warehouse, export customs clearance, air freight, import customs clearance, and last-mile delivery to end consumers. This one-stop model spares merchants from coordinating across multiple freight forwarders, customs brokers, and local carriers. Globavend also offers stand-alone air freight forwarding on a modular basis. The company prices its services on a cost-plus basis, with profitability driven by the spread between customer rates and supplier costs. Its two largest cost inputs are cargo space — secured via block space agreements on Qantas flights plus spot bookings — and third-party service providers for customs clearance and last-mile delivery. Globavend's proprietary shipping platform integrates via API into customers' ERP and order management systems, creating meaningful switching costs once connected. Customer concentration is significant, with the top five customers accounting for roughly two-thirds of revenue. Globavend was founded in 2016, listed on Nasdaq in November 2023, and recently incorporated a PRC subsidiary to expand into China-originating cross-border logistics.