Loship: Vietnamese e-commerce company that provides quick one hour deliveries to customers.

A web and mobile food delivery platform serving breakfast, lunch and dinner.
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It seems that the current market hasn’t been efficiently served, and therefore the opportunity for newcomers who provide differentiated customer services is abundant.
As a Vietnamese startup with accumulated knowledge and in-depth understanding concerning the local market, I believe we have what it takes to enter the overall game and create true value for the customers”, explains Trung.
Lozi, known as Loship’s parent company, was originally launched in 2014 as a restaurant-review and food-search app allowing users to find dining places predicated on ratings and reviews.
The startup then quickly expanded its services and became a hyper-local e-commerce platform in Vietnam, dedicated to the buying and selling of varied product categories including fashion, vehicles, electronics and others.
The firm, which raised $12 million in pre-Series C funding in August, also see exponential growth as COVID-19 pandemic boosted demand for online grocery, food delivery and courier services.
Nguyen also shared that the e-commerce startup’s growth rate can be said to be comparable to those of larger companies and businesses with many times more capital and investment than they do.

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The effectiveness of Loship today is the fast delivery time , free shipping and regular discounts for dinners.

Hence, Nguyen is confident that Lozi has the required investment and necessary support to drive the company’s growth from being truly a local startup to learning to be a regional unicorn with a valuation of over US$1 billion.
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NowFood, the meals delivery service that makes up about most its users, remains suspended.
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We are a team of skilled entrepreneurs and skillfully developed within the direct-to-consumer e-commerce industry, having successfully founded and advised several companies.
Delivery startup Loship has raised $12 million from a consortium co-led by an Alibaba-backed investment fund.
The lead investors are BAce Capital, which counts Ant Financial of Jack Ma as its largest limited partner, and Hong Kong investment firm Sun Hung Kai & Co.
Now had temporarily suspended all of its services from July 28, following Grab, Gojek and Be.
Among these platforms, it is the first to announce resumption of operations in Hanoi.

Delivery

The business has doubled the minimum income in the hope of attracting more drivers back again to work.
“Many shippers avoid working since they need to pay for their very own Covid-19 tests,” Tuoi Tre newspaper quoted Phan Tuong Bach, operating director of AhaMove, as saying.
Nghia, who works for Grab, doesn’t have the liberty to create that choice because the city will not allow his company to operate.
“With infrastructure and connectivity improvements, we think that the next wave of growth will come from smaller cities,” Cohen added.
“The risk of infection continues to be our users’ top concern when contemplating mobility options,” and that this is the reason the company continues to adopt stringent safety practices, he said.
Drivers must take a selfie to prove they have a mask on in the beginning of the day.

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