Pickupp secures Series A funding for APAC expansion
Nov 25, 2020 7:00 PM
Hong Kong logistics tech startup, Pickupp, secures Series A funding for APAC expansionSingapore, 20 November 2020 --- Pickupp, the Hong Kong tech startup redefining logistics, today announced a Series A investment from Vision+ Capital, Alibaba Entrepreneurs Fund, Cyberport Macro Fund, Swire Properties New Ventures and SparkLabs Taipei. The company will accelerate expansion in APAC and diversify its offerings to digital-first businesses who are finding opportunities amid the soaring growth in e-commerce. Founded in December 2016, Pickupp began providing customised last-mile delivery services for both bulk and ad-hoc deliveries in mid-2017. Its pioneering 4-hour delivery solutions and trademark technology have earned the company a loyal customer base from notable MNCs and logistics giants to retail and e-commerce. The funding allows Pickupp to diversify its product portfolio and offerings, particularly for the retail and e-commerce industry. The company will offer reliable and flexible delivery services to retailers and shoppers in Hong Kong with its tech-driven customer-centric solutions. Pickupp believes their solutions will not only help retailers optimise their business strategies but also help understand their customer needs better. “Pickupp is redefining logistics with a tech and data-driven approach. Our technology, agility, transparency and innovation enable our customers to effectively scale and thrive.” said Crystal Pang, CEO, Pickupp. Pickupp has expanded rapidly since its launch and is now operating in Hong Kong, Singapore, Malaysia, and Taiwan, empowering e-commerce focused companies to scale. Pickupp will continue to diversify its product offerings while extending its footprint, aiming to serve 10 major markets across APAC within the next 5 years.
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