Air Asia invests in e-commerce venture
Teleport, the rebranded cargo and logistics platform of the Malaysian carrier AirAsia, and the venture capital firm Gobi Partners have invested USD 10.6 million (EUR 9.4 million) in the regional e-commerce and parcel delivery player EasyParcel.
This company, which has almost half a million users, will use the Series B funding to expand its offering for SME customers, leveraging Teleport’s logistics and infrastructure capabilities which include more than 100 cities, 10,000 AirAsia flights per week and some 1,000,000+ t of cargo capacity.
The announcement was made by (L-R) Gobi Partners managing director Malaysia Jamaludin Bujan, AirAsia Group CEO Tony Fernandes, EasyParcel founder and CEO Clarence Leong, and Teleport CEO Pete Chareonwongsak in Kuala Lumpur (Malaysia) exactly one month ago, on 16 July 2019. (ah)