Ezyhaul raises $16m to expand trucking app into Indonesia and the Philippines

July 15, 2019 Gavin van Marle

Malaysia-based Ezyhaul has raised US$16m in a Series B fundraising round, one of the largest in a string of recent investments for digital trucking start-ups in South-east Asia.
Founded in 2016, Ezyhaul was one of the region’s first “Uber-like”, on-demand trucking apps to focus on first- rather than last-mile load matching, for both domestic and cross-border road freight.
“The key problem we’re solving is empty capacity on the roads and empty backhauls,” ...

The post Ezyhaul raises $16m to expand trucking app into Indonesia and the Philippines appeared first on The Loadstar.

Previous Article
Amazon rolls out Transparency fake goods detector system to Europe, Canada and India
Amazon rolls out Transparency fake goods detector system to Europe, Canada and India

Amazon has rolled out its anti-counterfeiting system, Transparency, across several European countries, as w...

Next Article
Blockchain startup processes $1bn in trade finance
Blockchain startup processes $1bn in trade finance

Judging by the scale of transactions now being made across blockchain ledgers, the technology is now beyond...