HK-based logistics unicorn GOGOVAN rebrands as GOGOX

GOGOX co-founder and CEO Steven Lam. Source: GOGOX

Hong Kong-based online logistics platform GOGOVAN on Wednesday announced it is rebranding as GOGOX to reflect its portfolio of diversified logistics services.

Founded in July 2013, GOGOX started as a van hailing business and has since expanded its portfolio to deliver goods transport, delivery, business solutions, and custom services. It offers online intra-city logistics and freight services across seven Asian markets, including Hong Kong, Singapore, South Korea, India, Vietnam and mainland China.

In Southeast Asia and beyond, the company competes with Hong Kong-based counterpart Lalamove and Singapore-based Ninja Van.

“We have thrived from the van hailing business and developed a more comprehensive logistics network,” said Steven Lam, co-founder and CEO of GOGOX, in a statement.

“The new brand enables us to further develop in Asia. We are equipped with strong and professional logistics experience as well as a powerful partner network. We empower e-commerce merchants with tailor-made logistics solutions, and provide agile and efficient logistics experiences to all users,” he added.

GOGOX became Hong Kong’s first unicorn at a valuation in August 2017 after its merger with 58 Suyun, the freight business of mainland Chinese online classifieds giant 58 Home. Financial terms of the merger were not disclosed.

In July 2018, the company pocketed $250 million in the first phase of an ongoing Series D funding round led by Beijing-based venture capital firm InnoVision Capital. The financing was joined by Alibaba-backed logistics startup Cainiao, Russia-China Investment Fund, Hongrun Capital, Qianhai Fund of Funds, and 58 Daojia Group.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.