About GoGoX
GoGoX is a company based in Hong Kong (China) founded in 2013 by Nick Tang Kuen-wai, Steven Lam, and Reeve Kwan. GoGoX has raised $506.51 million across 7 funding rounds from investors including Alibaba.com, Cainiao and Renren. The company has 29 employees as of March 30, 2024. GoGoX operates in a competitive market with competitors including Porter, Jumppoint, Pyck, Pico Xpress and MyDTDC, among others.
- Headquarter Hong Kong, China
- Employees 29 as on 30 Mar, 2024
- Founders Nick Tang Kuen-wai, Steven Lam, Reeve Kwan
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Gogovan India Private Limited
- Date of Incorporation 19 Nov, 2015
- Jurisdiction Kanchipuram, Tamil Nadu, India
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Annual Revenue
$2.9 M (USD)344.33as on Mar 31, 2023
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Net Profit
-$216.89 K (USD)-86.71as on Mar 31, 2023
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EBITDA
-$212.93 K (USD)-122.44as on Mar 31, 2023
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Total Equity Funding
$506.51 M (USD)
in 7 rounds
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Latest Funding Round
$100 M (USD), Series D
Jul 13, 2021
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Investors
Alibaba.com
& 15 more
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Employee Count
29
as on Mar 30, 2024
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Funding Insights of GoGoX
GoGoX has successfully raised a total of $506.51M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $100 million completed in July 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 7
- Last Round Series D — $100.0M
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First Round
First Round
(01 Jun 2013)
- Investors Count 16
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Series D - GoGoX | Valuation | Cyberport , BOCOM International | |
| Jul, 2018 | Amount | Series D - GoGoX | Valuation | InnoVision Capital | |
| May, 2016 | Amount | Series C - GoGoX | Valuation | New Horizon Capital |
Investors in GoGoX
GoGoX has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Alibaba.com, Cainiao and Renren.
| Investor | Description | Founded Year | Domain | Location |
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Cyberport is operated as Hong Kong's digital technology flagship and AI accelerator.
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Multiple sectors are invested in by the private equity fund.
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Investments & Acquisitions by GoGoX
Financial Statements - GoGoX
Gogox Comparisons
Competitors of GoGoX
GoGoX operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Porter, Jumppoint, Pyck, Pico Xpress and MyDTDC, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
On-demand goods transportation and intercity courier services are provided.
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| domain | founded_year | HQ Location |
Offers an app providing door-to-door courier and parcel delivery services
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| domain | founded_year | HQ Location |
First-mile logistics services are provided on demand with free pickup.
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| domain | founded_year | HQ Location |
AI-powered B2B parcel delivery services are provided to businesses.
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| domain | founded_year | HQ Location |
Offers an app for convenient door-to-door courier services to users.
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Frequently Asked Questions about GoGoX
GoGoX was founded in 2013.
GoGoX is headquartered in Hong Kong, China.
GoGoX is a funded company, having raised a total of $506.51M across 7 funding rounds to date. The company's 1st funding round was a Series C of $130M, raised on Jun 01, 2013.
As of Mar 30, 2024, the latest employee count at GoGoX is 29.
Annual revenue of GoGoX is $2.9M as on Mar 31, 2023.
GoGoX was founded in 2013 in Hong Kong, China, as a provider of an app-based platform in the logistics sector. Doorstep, on-demand, and same-day delivery services for goods, documents, personal items, and shopping purchases are facilitated for individuals and businesses. Online payments, courier tracking, and bookings for vans and trucks are included. The app is accessible on both Android and iOS platforms, with operations centered in the region.
GoGoX's top competitors include Porter, Jumppoint and Pico Xpress.
GoGoX has 16 investors. Key investors include Alibaba.com, Cainiao, Renren, Singapore Press Holdings, and 58City.