What Yes-Storage does

Yes-Storage, founded in 2006 and headquartered in Hong Kong, is a door-to-door mini storage service operated as a brand under parent company Hongkong Storage. The company serves Hong Kong residents and select corporate customers by picking up storage boxes directly from customers' premises and transporting them to a central climate-controlled facility in Kwai Chung, eliminating the need for customers to visit industrial-area storage facilities. Coverage extends across 21 districts of Hong Kong Island, Kowloon, and the New Territories via a network of more than 15 logistics centers, with the Tin Hau Service Centre functioning as the primary customer-facing retail location.

The service is built around four proprietary box types—YA, YB, YC, and YE—each engineered with double-layer corrugated cardboard, dust-proof protective bags, handles, and combination locks, offering 35 possible configurations with a combined capacity of 21.6 cubic feet per set. Operations run on an SAP platform installed in 2013, complemented by an iOS/Android mobile application launched in 2018 and relaunched in October 2021 with features including QR code box scanning, item photography, and transportation scheduling. Security and environmental controls include a G4S-designed alarm system with direct police connectivity, 24-hour surveillance, temperature and humidity management, pest control, and fire safety systems. A sub-brand, YS-Jumbo, extends the offering to mobile storage lockers in four color options with centralized storage.

Yes-Storage generates revenue primarily through monthly subscription contracts—12-month (HK$3,456 total) or 24-month (HK$6,912 total) terms at HK$288/month promotional pricing or HK$438/month standard—with usage-based fees for additional transportation services (HK$88 base per trip plus HK$16 per extra box). Corporate customers access discounted plans at HK$240/month through employer partnerships with Hospital Authority, Ernst & Young, Signature Homes, and Optiled. Distribution is direct-to-consumer via website, mobile app, and a customer service hotline (3602 7722), with payment options spanning PayPal, Alipay HK, WeChat Pay, Octopus, PayMe, EPS, and PPS. The company employs 11-50 people and earns ancillary revenue from the YS-Jumbo mobile locker sub-brand.

Name

Yes-Storage

Legal name

Yes-Storage

Website

https://yes-storage.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Yes-Storage is a Hong Kong-based door-to-door mini storage service operated by Hongkong Storage, providing subscription-based monthly storage with complimentary pickup and delivery for residential and corporate customers across 21 districts using proprietary storage boxes.

Ownership category

akta.pro rank

Product category

Self-Storage Services

NAICS

Lessors of Miniwarehouses and Self-Storage Units (531130)

SIC

Public Warehousing & Storage (4220)

akta.pro primary industry

Residential Full-Service Storage (HSAKAHAA)

Keywords

• Mini storage services
• Door-to-door storage
• Storage box rental
• Pickup delivery storage
• Self storage subscriptions

Headquarters

HQ city

Hong Kong

HQ country

Hong Kong SAR China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Monthly Storage Subscription: Contract-based monthly storage fees with 12 or 24 month terms. Service includes one set of storage boxes, storage, and included transportation trips. Price is HK$288/month (promotional) or HK$438/month (original).
2. Transportation Services: Additional revenue from transportation fees. First 5 boxes (or less) per trip: HK$88, each extra storage box: HK$16. Same day express: from HK$600. Non-service hour deliveries: HK$400-600 surcharge.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Yes-Storage provides door-to-door mini storage service for residential customers in Hong Kong, where customers subscribe to monthly plans (12 or 24-month contracts) that include a set of branded storage boxes, climate-controlled central warehouse storage, and a set number of pickup/delivery transportation trips. Unlike traditional mini storage that requires self-transportation to a facility, the company picks up boxes from customers' homes and delivers them back on demand, covering 21 districts across Hong Kong Island, Kowloon, and the New Territories via 15+ logistics centers anchored by a main warehouse in Kwai Chung.

Product overview

Yes-Storage is a pickup and delivery storage service operated by Hongkong Storage, offering a comprehensive mini-storage solution with four types of specialized storage boxes (YA, YB, YC, YE), monthly subscription plans, and transportation services. The service combines storage, logistics, and customer service into a single offering. Key products include the core monthly storage plans with free transportation trips, the mobile application for box management and scheduling, corporate and seasonal discount programs, and YS Jumbo mobile lockers. Storage facilities feature environmental controls, security systems, and pest management.

Differentiator

Problem solved

Functional benefit

Brands

• YS-Jumbo: Mobile storage lockers providing 4 color options for customers with central storage facilities

Products and services

• Monthly Storage Plan Subscription-based monthly storage plan available as a 12-month contract (8 free single-trip transportations) or 24-month contract (16 free single-trip transportations) at HK$288/month promotional (originally HK$438/month). Includes a set of branded storage boxes, climate-controlled central warehouse storage, and bundled transportation trips.
• Corporate Big Discount Plan

Quantifiable outcome

• 21.6 cubic feet storage capacity per set
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature3 records

Partnerships

Five partnerships are on record, tiered minor.

• we-GenkiminorGTM or Marketing Partner · 1 January 20232023 promotional partnership offering exclusive offers to customers of both Hongkong Storage and we-Genki
• Hospital AuthorityminorGTM or Marketing PartnerEmployee discount program for Hospital Authority staff, offering reduced storage rates
• Ernst & YoungminorGTM or Marketing PartnerEmployee discount program for Ernst & Young staff members
• Signature HomesminorGTM or Marketing PartnerResident discount program for Signature Homes housing development
• OptiledminorGTM or Marketing PartnerEmployee discount program for Optiled staff

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• U-Haul: US full-service moving and storage company offering portable containers, self-storage, and logistics services. Adjacent incumbent combining storage with transportation similar to Yes-Storage's integrated offering.
• Public Storage: Largest US self-storage REIT with thousands of facilities. Broad incumbent serving as industry benchmark for self-storage unit economics, though it does not offer Yes-Storage's door-to-door pickup service.
• Extra Space Asia: Regional Asian self-storage brand operating facilities across multiple Asian markets including Hong Kong. Larger incumbent in the same self-storage category with broader portfolio.

Direct peers

• MakeSpace: US-based on-demand storage company providing pickup, storage, and redelivery of customer belongings. Closest international analogue to Yes-Storage's full-service door-to-door model.
• Clutter: US full-service storage and moving company offering pickup-based storage with online inventory management. Closely comparable business model to Yes-Storage's door-to-door storage subscription.
• KeepSafe Storage: US on-demand storage company providing door-to-door pickup, climate-controlled storage, and digital inventory catalog. Mirrors Yes-Storage's service design on a different geography.
• Cube Self Storage: Hong Kong self-storage brand operating multiple mini-storage facilities across the territory. Direct competitor serving residential and small-business customers with similar storage-unit offerings.
• Storefriendly: Established Hong Kong self-storage operator offering mini-storage units across multiple districts. Competitor targeting the same space-constrained residential customer base in Hong Kong.
• Hongkong Storage: Yes-Storage is operated as a subsidiary brand of Hongkong Storage, the parent company offering broader self-storage solutions in Hong Kong. Most direct comparable given shared customer base, infrastructure, and corporate backing.
• Spaceship Mini Storage: Hong Kong mini-storage operator with multiple locations serving residential customers seeking offsite storage. Competes for the same niche as Yes-Storage in the local market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/yesstorage

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yes-Storage