Here to last

J&T, Ninja Van pushed to cover more than the last mile in SE Asia

Last mile players are getting funded like never before in Southeast Asia. So much so that the disruptors have become the incumbents. But without sustainable value-added services, it'll be hard to hold this pole position

Benjamin Cher, 20 Apr 2021

Fuelled by the e-commerce boom of Covid-19, last mile delivery players like J&T and Ninja Van have seen their operations scale

After years of disrupting the industry, they’re now raising the barrier to entry for new entrants by mastering the last mile

The rapid scaling has also meant more delayed or lost packages; J&T, Ninja Van grapple with the human element in their business

And now they need to figure out how to be sticky, especially since post-Covid reliability has become a customer demand

US$2 billion. That’s how much last mile delivery player J&T Express reportedly reportedly The Information Upstart Courier Service Raised More Than $2 Billion to Fight Alibaba-Backed Rivals Read more raised from Chinese heavyweights Hillhouse Capital, Boyu Capital, and Sequoia Capital China earlier this month. Its competitor, Ninja Van, raised US$279 million in May 2020 from ride-hailing giant Grab and Eduardo Saverin’s venture fund, B Capital.

Why is logistics raking in the moolah in Southeast Asia?

AUTHOR

Benjamin Cher

Based in Singapore, Ben covers news and stories from the hub of Southeast Asia. He covers the intersection of technology and business, and how it affects Singapore and Southeast Asia. Ben was previously a reporter at The Edge Singapore.

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