{"id":277,"date":"2016-05-06T14:34:41","date_gmt":"2016-05-06T06:34:41","guid":{"rendered":"https:\/\/34-96-151-202.nip.io\/sg\/2016\/05\/06\/press-release-gogovan-announces-series-c-funding\/"},"modified":"2026-07-20T10:17:00","modified_gmt":"2026-07-20T10:17:00","slug":"press-release-gogovan-announces-series-c-funding","status":"publish","type":"post","link":"https:\/\/www.gogox.com\/sg\/blog\/press-release-gogovan-announces-series-c-funding\/","title":{"rendered":"[Press Release] GoGoVan Announces Series C Funding"},"content":{"rendered":"

\"GoGoVan<\/a><\/p>\n

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We are proud to announce our recent\u00a0Series C funding led by private equity firm, New Horizon Capital, with participation from Alibaba Hong Kong Entrepreneurs Fund, Singapore Press Holdings, Hotung Investment Holdings, as well as existing investors.<\/p>\n<\/div>\n<\/div>\n<\/div>\n

<\/p>\n

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GoGoVan in 2016<\/h2>\n

Founded in July 2013, GoGoVan<\/a> has successfully expanded to 13 cities across Hong Kong, Singapore, Taiwan, China, South Korea and India. With over 2 million app downloads and a driver network of 150,000, GoGoVan<\/a> has processed over 20 million orders with an aggregate transaction value in excess of US$200 million.<\/p>\n

Building on the success of its mobile and cloud solutions, GoGoVan<\/a> will use the funding to further develop business-centric products and advancing engineering capabilities. The traditional logistics industry is prime for a revolutionary and disruptive solution and GoGoVan<\/a> is in the forefront to lead this change.<\/p>\n

\"GoGoVan_Event_2\"<\/a><\/h2>\n

Moving into B2B<\/h2>\n

One such product is GoGoEnterprise<\/a>, an intelligent delivery management platform that empowers businesses to provide both scheduled and on-demand delivery with features like Order Management, Route Optimisation, Real-Time Tracking, and Instant Delivery Confirmation. With the ability to mobilise thousands of vehicles in a city, business users can, not only source for logistics capacity, but also create optimised delivery routes. This helps users gain authority, visibility and improve efficiency throughout the delivery process.<\/p>\n

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\u201cOur mission is to optimise logistics cost by providing innovative and cutting edge technology; by deploying big data logistics analytics to all aspects of the delivery value chain.\u201d – Steven Lam, CEO of GoGoVan<\/a><\/p>\n<\/blockquote>\n

\u201cWith this funding, we plan to further improve our product offerings to service diversified business logistics needs, from individual online retailers to multi-nationals who are demanding logistics solutions,\u201d said Steven Lam, CEO of GoGoVan<\/a>. He added, \u201cOur mission is to optimise logistics cost by providing innovative and cutting edge technology; 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.\u201d<\/p>\n<\/div>\n<\/div>\n<\/div>\n

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\"GoGoVan_App_5\"<\/a><\/h2>\n

Technology in Logistics<\/h2>\n

GoGoVan<\/a> will further enhance its technical resources by hiring more world-class developers, programmers and program managers. GoGoVan<\/a> will embark on the development of several new products and solutions that will change the very DNA of the logistics industry.<\/p>\n

\u201cWe will develop and engage state-of-the-art machine learning, artificial intelligence and programming that will bring efficiency, productivity and cost management to the logistics business,\u201d said Chris Yuen, CTO of GoGoVan<\/a>.<\/p>\n

Leading the on-demand logistics<\/a> market in Asia, GoGoVan<\/a> continues to innovate and create outstanding logistics experiences for businesses, consumers and drivers.<\/p>\n

The ultimate goal: An efficient, convenient and affordable logistics solution.<\/p>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

We are proud to announce our recent\u00a0Series C funding led by private equity firm, New Horizon Capital, with participation from […]<\/p>\n","protected":false},"author":0,"featured_media":278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[6,23],"tags":[],"class_list":["post-277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-client","category-industry"],"acf":[],"yoast_head":"\n[Press Release] GoGoVan Announces Series C Funding | GoGoVan SG<\/title>\n<meta name=\"description\" content=\"GoGoVan announces Series C funding led by New Horizon Capital, with participation from Alibaba and Singapore Press Holdings\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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