Last-mile logistics start up to expand globally

GoGoVan, an app-based last-mile logistics company from Hong Kong, has announced it could soon expand outside of Asia.

The company, which launched in July 2013, has developed an app aiming to make it easier to hire a delivery vehicle instantly. Reportedly, it already has access to 18,000 registered commercial vehicles and just concluded a “multi-million dollar” fundraising.

The company said says it is currently working with corporate clients including Kerry Logistics, SF Express and DHL and has processed more than one million transactions with a total value of over $120 million Hong Kong dollars (about $15.5 million), with 300,000 transactions per month in Hong Kong.

After expanding into Singapore this summer, GoGoVan first plans to tackle other Asian cities before looking at markets outside of Asia.

In a statement, Steven Lam, GoGoVan’s co-founder and CEO, commented: “In Hong Kong, within nine months of our launch in July 2013, we captured close to 50 per cent of the independent logistics providers. We are confident we will achieve the same result in Singapore.”

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