Insights
26-Apr-19 Singapore’s largest ride-hailing company, Grab has invested in last-mile delivery firm Ninja Van, which will see Grab’s current logistics service, GrabExpress, expand its offerings to include scheduled deliveries on top of on-demand deliveries. [image: Bloomberg / South China Morning Post]
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Insights
20-Mar-19 Indonesia-based logistic startup, Kargo Technologies, debuts in Southeast Asia after raising seed funding of USD7.6 mn. Kargo is also backed by Uber founder Travis Kalanick’s 10100 Fund, and co-founder of Northstar Group, Patrick Walujo, an early investor in Go-Jek. [image: KrAsia]
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Insights
11-Mar-19 Alibaba Group will take a 14% stake in STO Express through a USD693 mn exchange for a 49% stake, making this the e-commerce giant's fourth significant investment in a Chinese courier company. [image: Reuters / Aly Song]
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Insights
22-Feb-19 In South Africa, IBM is working with industrial and commercial organisations to develop blockchain-based industrial supply chain systems that enhance a range of value chain functions, including visibility, accuracy and supply chain efficiencies. [image: Wikipedia]
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Insights
12-Feb-19 DHL's latest Global Connectedness Index found Southeast Asia benefited from linkages with wider Asian supply chain networks as well as ASEAN policy initiatives promoting economic integration. International flows exceed expectations the most in Cambodia, Malaysia, Mozambique, Singapore, and Vietnam. [image: DHL]
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