How Much Did GoGoX Raise?
Funding & Key Investors

GoGoX, a prominent player in the Asian logistics technology sector, has successfully secured a total of $506.6M in capital to date. This trajectory of financial backing, which includes a recent strategic investment of $350M, underscores the company's pivotal role in digitizing supply chain operations across the region. By leveraging these capital injections, the firm has transitioned from its early-stage roots into a mature enterprise-level logistics platform, consistently attracting high-profile institutional support to fuel its expansive growth strategy.

The company's funding history reflects a clear progression of market confidence, beginning with early-stage support in 2013 and culminating in significant Series D financing. This capital infusion serves as a testament to the scalability of its app-based logistics model, which now serves millions of users across multiple international markets.

What is GoGoX?

GoGoX
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Established in 2013 and formerly known as GOGOVAN, GoGoX operates as a sophisticated, app-based logistics platform that bridges the gap between individual consumers, businesses, and a vast network of logistics partners. The company has redefined the delivery experience by offering a diverse portfolio of services, ranging from van-hailing and instant delivery to highly customized enterprise logistics solutions. With a presence spanning over 300 cities across Hong Kong, Singapore, Taiwan, South Korea, India, Vietnam, and Mainland China, GoGoX utilizes innovative technology to provide agile and convenient delivery services. Its network, which includes more than 8 million registered drivers, positions the company as a critical infrastructure provider in the modern digital economy, effectively streamlining last-mile delivery and complex supply chain requirements.

How much funding has GoGoX raised?

GoGoX has raised a total of $506.6M across 5 funding rounds:

2013

Angel/Seed

$129K

2014

Series A

$16.5M

2015

Series B

$10M

2016

Series C

$130M

2021

Series D

$350M

Angel/Seed (2013): $129K with participation from Cyberport

Series A (2014): $16.5M led by Centurion Investment Management

Series B (2015): $10M supported by Hu Zemin

Series C (2016): $130M featuring New Horizon Capital, Alibaba Entrepreneurs Fund, and Singapore Press Holdings

Series D (2021): $350M backed by BOCOM International and Cyberport

Key Investors in GoGoX

Cyberport

Cyberport is a prominent online electronics retailer offering a wide array of consumer technology products, serving as a key early-stage supporter of digital innovation.

Centurion Investment Management

A boutique Asian private equity firm that specializes in providing growth capital to small and middle-market companies through rigorous due diligence and active portfolio management.

Alibaba Entrepreneurs Fund

A strategic investment arm focused on supporting high-growth startups that leverage technology to solve complex market challenges within the digital ecosystem.

What's next for GoGoX?

With the recent infusion of $350M, GoGoX is well-positioned to accelerate its technological roadmap and deepen its penetration in existing markets. The company's strategic focus is expected to shift toward enhancing its proprietary logistics algorithms, optimizing route efficiency, and expanding its suite of enterprise-grade software solutions. As the demand for rapid, reliable, and transparent delivery services continues to surge, GoGoX is likely to prioritize further geographic diversification and the integration of advanced automation tools to maintain its competitive edge. By focusing on operational excellence and scalable infrastructure, the firm aims to solidify its status as the premier logistics partner for businesses navigating the complexities of the modern Asian market.

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Frequently Asked Questions Regarding GoGoX Financial Insights

What are the most recent funding rounds that GoGoX has completed, and what were the funding rounds?
GoGoX has recently completed 3 funding rounds: Series D on Jul 13, 2021, Series C on May 5, 2016, Series B on Jun 11, 2015.
What is the total amount of funding GoGoX has raised to date?
GoGoX has raised a total of $506.6M in funding to date.
How many funding rounds has GoGoX completed?
GoGoX has completed 3 funding rounds.
How much funding did GoGoX raise in its most recent funding round?
GoGoX raised $350M in its most recent funding round.
Who are the lead investors in GoGoX's latest funding round?
The lead investor in GoGoX's latest funding round was BOCOM International. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in GoGoX's history?
The largest funding round in GoGoX's history was $350M.
See more information about GoGoX