Ninja Van Group, Southeast Asia’s tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance parcel processing capabilities across its key parcel sorting hubs, according to an announcement.
This investment is in line with the company’s continued focus on driving greater operational efficiency and building the infrastructure and processes to improve services for its customers.
The investment is a region-wide exercise that involves progressively retrofitting nine of Ninja Van’s key regional parcel-sorting hubs, the company said in the announcement.
The Singapore-based logistics company expects to complete this exercise by H2 2024, with the improvements in parcel handling capabilities set to increase the group’s overall operational productivity across Southeast Asia by 50%.
Earlier this year, Ninja Van announced the installation of an integrated measurement and sortation system in Philippines and shared its plans to acquire 200 dimensioning weight scanners in Indonesia to automate the parcel measurement process.
“An optimal delivery experience is critical in helping brands build trust amongst online shoppers, so it is crucial for us to continue investing in systems and processes that can drive these outcomes. We believe this will result in a measurable impact on Ninja Van’s business and strengthen our ability to serve our customers across the region,” Joel Ong, Ninja Van Group’s chief operating officer, said in the announcement.
Launched in 2014, Ninja Van started operations in Singapore as a last-mile logistics company and is now one of the region’s fastest-growing tech logistics companies, powering businesses with innovative solutions that optimise e-commerce opportunities.
Today, Ninja Van has grown its network to cover six countries — Singapore, Malaysia, Philippines, Indonesia, Thailand and Vietnam.
As reported by DealStreetAsia last year, Ninja Van raised $578 million in a Series E round at a valuation of $1.85 billion.