Singapore’s logistics provider Moovaz acquires van-hailing startup GetVan

From left: Lee Minghui, Head of Operations @ Moovaz | Lee Junxian, Chief Executive @ Moovaz | James Neo, Director @ GetVan | Jerry Chua, Chief Commercial @ Moovaz

Singapore-based logistics and international relocation service provider Moovaz has agreed to acquire van-hailing platform GetVan for an undisclosed amount, according to an announcement.

The acquisition allows Moovaz to bolster its end-to-end relocation ecosystem with GetVan’s technological offering and strong driver-partner network, the company said. GetVan founder and CEO James Neo will join Moovaz as Head of Supply Chain Operations.

Founded in 2016, GetVan is an on-demand van-for-hire service that offers intra-city logistics solutions for businesses and individuals. It is one of the pioneers of the multi-sided platform model in van-hailing with a focus on technology for social value for driver-partners, businesses, and end-users.

Moovaz, on the other hand, specialises in relocation, logistics, freight, and also warehousing solutions. It operates a relocation-tech platform for the mobile citizen, delivering transparency and access through its global network of over 2,000 certified partners.

With the acquisition, the two sides can bolster their synergies by combining their operational services across the supply chain, integrating their data capabilities cross functionally, and leveraging on each other’s distribution networks for their go-to-market efforts regionally.

“I am excited to scale GetVan’s robust technology and partner onboarding capabilities to further our ambition as a leader in global relocation.” said Moovaz co-founder and CEO Junxian Lee.

In June, Moovaz entered an agreement with media group Singapore Press Holdings (SPH) to acquire its expat publication, The Finder. The acquisition, which was completed in May, will add content and community-building to Moovaz’s service.

In April, Moovazs had announced the closing of its $7-million Series A round in April led by Quest Ventures. Last year, it secured an undisclosed amount of investment from Hustle Fund, a venture fund investing in early-stage startups in the US, Canada, and Southeast Asia. Singapore government-owned firm SGInnovate also joined the round.

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.