Logistics

In a country where more than 48% of the population now owns a mobile phone, five Cambodia startups have emerged to leverage the fast growing digital economy.

The firm just received USD 20 million investment in a Series A+ round led by Source Code Capital.

The pandemic seriously tested Ninja Van’s capacities and the company received multiple complaints of missing parcels.

Alibaba-backed Best is trying to balance fast growth with dreams of profitability.

The company is starting with Karachi, but has plans to expand across Pakistan, including Lahore.

The company shipped 10 million parcels in Thailand in the second quarter, up 95.3% compared with the first quarter of this year, while delivering 5.75 million in Vietnam, up 54.3% quarter on quarter.

Indonesia’s trucking sector is profoundly fragmented: 75% have 20 trucks or less and a massive amount of the USD 38 billion annual trucking spend disappears into a labyrinth of middlemen.

With the integration, the same Gojek app can be used in Indonesia, Singapore, Vietnam, and Thailand.