Tiger Global-backed Shippit makes a play for Asia with new acquisition of Luwjistik
Shippit has made its second acquisition for 2022, buying Singaporean start-up Luwjistik in a deal worth almost $18 million.
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Shippit has made its second acquisition for 2022, buying Singaporean start-up Luwjistik in a deal worth almost $18 million.
HANOI (Vietnam News/Asia News Network): With consumers switching heavily to online purchases, the express delivery market is expected to see many positive developments. However, fierce competition and high fuel costs have significantly affected the profit margins of delivery businesses.
Ninja Van Group, Southeast Asia’s tech-enabled express logistics company, is investing USD50 million in automation technology and systems to enhance its parcel processing capabilities across its key parcel sorting hubs.
The firm is looking to enhance capabilities across its key parcel sorting hubs in SE Asia
Several technology-based platforms developed and supported by the Department of Science and Technology (DOST) were recently introduced by the agency, each seeking to could open more livelihood opportunities and increase the income of local smallholder farmers and micro, small, and medium enterprises