About Ocean Network Express
Ocean Network Express is a company based in Singapore (Singapore) founded in 2017. It operates as a B2B. The company has 418 employees as of March 31, 2023. Ocean Network Express has completed 2 acquisitions, including TraPac and Yusen Terminals. Ocean Network Express operates in a competitive market with competitors including Flexport, sennder, Forto, Airspace and DB Schenker, among others.
- Headquarter Singapore, Singapore
- Employees 418 as on 31 Mar, 2023
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ocean Network Express (India) Private Limited
- Date of Incorporation 08 Sep, 2017
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$15.58 M (USD)22.14as on Mar 31, 2023
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Net Profit
$1.63 M (USD)24.05as on Mar 31, 2023
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EBITDA
$2.5 M (USD)27.57as on Mar 31, 2023
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Latest Funding Round
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Investors
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Employee Count
418
as on Mar 31, 2023
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Investments & Acquisitions
TraPac
& 1 more
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Sales and Marketing
18 people
Operations Team
13 people
Senior Team
7 people
Leadership Team
6 people
Software Development Team
6 people
Product Management Team
4 people
Assistant Team
3 people
Data Analysis and Operations Team
3 people
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Funding Insights of Ocean Network Express
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Ocean Network Express
Ocean Network Express has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include TraPac and Yusen Terminals. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Marine cargo terminals are operated with storage for freight handling.
|
1991 | ||||
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Provider of premium container terminal services for shippers
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1985 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Ocean Network Express
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ocean Network Express Comparisons
Competitors of Ocean Network Express
Ocean Network Express 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 Flexport, sennder, Forto, Airspace and DB Schenker, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
End-to-end supply chain logistics platform and services are provided.
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| domain | founded_year | HQ Location |
Tech-enabled platform matches shippers and carriers for trucking loads.
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| domain | founded_year | HQ Location |
Tech-enabled freight forwarding services for multi-modal cargo transport are provided.
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| domain | founded_year | HQ Location |
Web-based cargo management solutions are offered for air logistics.
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| domain | founded_year | HQ Location |
Provider of integrated freight forwarding, logistics and supply chain management services
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| domain | founded_year | HQ Location |
Multi-modal freight forwarding services are provided via an AI-enabled platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ocean Network Express
Frequently Asked Questions about Ocean Network Express
When was Ocean Network Express founded?
Ocean Network Express was founded in 2017.
Where is Ocean Network Express located?
Ocean Network Express is headquartered in Singapore, Singapore.
How many employees does Ocean Network Express have?
As of Mar 31, 2023, the latest employee count at Ocean Network Express is 418.
What is the annual revenue of Ocean Network Express?
Annual revenue of Ocean Network Express is $15.58M as on Mar 31, 2023.
What does Ocean Network Express do?
Ocean Network Express operates with a B2B model, focusing on providing transportation services, streamlining logistics processes, shipping, and offering freight forwarding. Offers tech-enabled shipping and freight forwarding services for efficient global logistics. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of Ocean Network Express?
How many acquisitions has Ocean Network Express made?
Ocean Network Express has made 2 acquisitions, including TraPac, and Yusen Terminals.