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§ Private Profile · Penang, Pulau Pinang, Malaysia
Online platform to book parcel deliveries with multiple couriers at competitive prices, offering e-commerce shipping for SMEs.
EasyParcel is a Bayan Lepas, Malaysia-based online logistics platform that enables users to book parcel deliveries and access various e-commerce shipping solutions across multiple courier companies. Operating as a commission-based parcel consolidator, the company aggregates shipping services from over 60 couriers to facilitate approximately 100,000 daily deliveries for its users. The platform provides small and medium-sized enterprises with additional logistics infrastructure, including parcel insurance, micro-financing options, paperless labeling technology, and integrated marketing tools. Experiencing an 85 percent revenue growth during the 2020 pandemic, EasyParcel currently serves a regional customer base of over 1.5 million users across key markets such as Malaysia, Singapore, Indonesia, and Thailand. The organization also operates Pgeon, a proprietary last-mile delivery network utilizing local convenience stores as alternative drop-off and pick-up points. EasyParcel was founded in June 2014 by chief executive officer Clarence Leong.
EasyParcel has raised $10.6M across 1 funding round.
EasyParcel has raised $10.6M in total across 1 funding round.
EasyParcel has raised $10.6M in total across 1 funding round.
EasyParcel's investors include Gobi Partners.
EasyParcel has raised $10.6M across 1 funding round. Most recently, it raised $10.6M Series B in July 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 16, 2019 | $10.6M Series B | Gobi Partners | — | Announced |