Logistics

Southeast Asian logistics firm Deliveree announced Monday the closing of its $70 million Series C funding round led by Gobi Partners and SPIL Ventures with participation from existing investor Inspire Ventures. This brings its total funds raised to $109 million over the past five years.

Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…

Biteship, an Indonesia-based e-commerce logistic solution startup with a focus on empowering small-medium enterprises (SMEs) and enterprises, announced on Friday that it has secured an undisclosed amount of seed funding co-led by East Ventures and Beenext.

JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…

The company is gauging interest from potential investors, one of the people said. The startup had been weighing a $1 billion Hong Kong initial public offering after preparations for a US debut stalled.

Indonesian logistics in the next five years can only get more interesting as the key principle driving us into the future is efficiency; How to be more efficient? How to be more productive? How to reduce human error? How to save more time and money? And importantly, how can we reduce our carbon footprint?

Shipsy will be setting up its regional headquarters (HQ) in Indonesia to strengthen its presence in Southeast Asia (SEA). The regional HQ will enable the organization to provide faster, better and localized support to existing customers and drive new business growth in Singapore, Philippines, Malaysia, Thailand, Vietnam and Indonesia.

In this third part, we explore how much Covid-accelerated digitization boosted the country’s ‘Iron Triangle’ – e-commerce, logistics, and fintech – startups, and how the startup Davids are battling the Goliath super apps to carve out their own niches.

GoComet has closed $7 million in Series A financing led by Rider Global and Atlas Ventures. Jetty Ventures, Rebright Partners, Leo Capital and Krishna Capital also participated in the round. The funding will fuel the further development of GoComet's platform and accelerate its customer growth and expansion in the United States (US) and Europe, in line with…