Australia’s Shippit acquires Singaporean start-up Luwjistik for $11M

Shippit, an Australian logistics technology platform, announced Tuesday the acquisition of a Singpapore-based start-up, Luwjistik, the creator of a unified API that allows freight forwarders, courier’s and third party logistics companies to connect into network partners globally, in an AUD$18 million ($11.24 million) deal.

Shippit’s ASEAN marketing lead on the importance of owned media and storytelling

Market expansion in ASEAN can be tricky, as each country has different norms and consumer behaviors. Shippit’s regional marketing rep Divya Saraf shares key findings.

Booming Australian logistics startup Shippit secures $22.3M Series B for Southeast Asia Expansion

The logistics startup has just finished its $22.3 million (A$30 million) Series B equity round led by Jason Lenga of Tiger Global, an American technology investment firm.