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GoGoVan receives investment from Alibaba in latest funding round

Monday 9 May 2016 13:56 CET | News

GoGoVan, an app-based platform for transporting goods in Asia, has received investment from Alibaba`s Hong Kong Entrepreneurs Fund, Singapore Press Holdings, Hotung Investment Holdings and some of its existing investors to develop business-centric products and engineering capabilities.

One of these products is GoGoEnterprise, a delivery management platform that empowers businesses to provide both scheduled and on-demand delivery, postandparcel.info reports. The platform’s features include Order Management, Route Optimisation, Real-Time Tracking, and Instant Delivery Confirmation.

“Our mission is to optimise logistics by deploying big data logistics analytics to all aspects of the delivery value chain. We want to create a new business model – LaaS (Logistics as a Service) for the logistics industry”, Steven Lam, CEO of GoGoVan, said.


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Keywords: GoGoVan, Alibaba, funding round, investment, GoGoEnterprise, ecommerce, logistics
Categories: Payments & Commerce
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Countries: World
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Payments & Commerce