Ninja Van completes funding round
Ninja Van, a Southeast Asia delivery company, has announced it has successfully concluded series C funding. Lai Chang Wen, chief executive officer of Ninja Van, said that the Southeast Asia region was ripe for development after years of high growth.
The company already has an established network in Southeast Asia covering six high-growth logistics markets including Thailand, Singapore, Malaysia, Indonesia, Vietnam and the Philippines.
This new capital will be invested to further improve technology and operational capabilities to help Ninja Van continue its drive to offer hassle-free delivery methods to businesses of all sizes, Lai said.
Ninja Van has achieved strong growth driven by the booming Southeast Asia e-commerce sector and currently manages millions of deliveries a month.
It could now offer an even better service by increasing its staff to more than 1,000 professionals, Lai said.
The company is currently working with established, blue-chip investors such as the Abraaj Group, ACE Capital, B Capital Group, DPDgroup, Monk’s Hill Ventures and YJ Capital.
Ninja Van started operations in Singapore in 2014.
