News

Courier company secures more funding

Crowdsourced delivery and courier service Go People has raised in excess of $2 million in two rounds of funding over the last three months, with its latest round raising a further $825,000.
The company is reportedly looking to to capitalise on the demand for on-demand couriers and become the go-to people for simpler deliveries. Go People – formerly knowne as People Post – has also undergone a facelift, with a new brand name and technology platform.
According to Wayne Wang, Founder and CEO of Go People, the recent raise and surge in demand marks a significant turning point for the company.
“Since I started the business in 2014, I believed the courier model could be much more efficient,” said Wang. “We went to market to change the delivery industry and disrupt legacy delivery and courier rules, resetting the benchmark of how deliveries can be made.”
Go People will use the additional funds to continue its growth in the domestic market, “and keep competitors at bay.”
“Although we have seen a number of new entrants come to market with a similar model or other on-demand services companies looking to expand into the deliveries industry, we’re not fazed,” said Wang. “Parcel delivery can be much more complex than other on-demand services. That is because a runner – our name for a courier – needs to be able to deliver parcels to multiple locations in the simplest and most efficient manner.
“That’s where our proprietary routing and grouping algorithms set us apart. We work out the best routes and the best locations for them travel, to make their life easier and, in turn, make them more money.”
Go People routing and grouping algorithms have reportedly been improved further, ensuring runners receive the best routes for bulk and on-demand jobs, fitting more deliveries into the day.

Leave a Reply

Send this to a friend