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Ninja Van
Ninja Van is a Singaporean logistics company. Founded in 2014, the company engages in last mile logistics and package delivery. Ninja Van has sorting warehouses across Southeast Asia, in Singapore, Myanmar, Malaysia, Philippines, Indonesia, Thailand and Vietnam.
It works with e-commerce firms including Alibaba Group's Lazada, GoTo's Tokopedia for Indonesia, and Sea Group's Shopee. It uses vehicle routing problem algorithms to improve delivery routes.
Ninja Van was founded in 2014 by Singaporeans Lai Chang Wen, Shaun Chong, and Boxian Tan. The firm runs on a hub-and-spoke model, compared to other companies like GOGOX and Lalamove that use a point-to-point model.
In 2019, it delivered an average of one million parcels a day around the ASEAN region.
During the COVID-19 pandemic in Singapore in 2020, Ninja Van saw a three-fold increase in parcel volume in Singapore. In Malaysia, it saw a two-fold increase in shipment volume growth, driven by the growth in social-commerce transactions.
In July 2021, it was reported that Ninja Van was considering an initial public offering in 2022.
In July 2024, they announced a second round of layoffs coming after the first round of layoffs in May 2024.
In September 2024 it was reported in The Straits Times, Singaporean daily newspaper, that it was suspending operations in Vietnam due to unpaid salaries.
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Ninja Van
Ninja Van is a Singaporean logistics company. Founded in 2014, the company engages in last mile logistics and package delivery. Ninja Van has sorting warehouses across Southeast Asia, in Singapore, Myanmar, Malaysia, Philippines, Indonesia, Thailand and Vietnam.
It works with e-commerce firms including Alibaba Group's Lazada, GoTo's Tokopedia for Indonesia, and Sea Group's Shopee. It uses vehicle routing problem algorithms to improve delivery routes.
Ninja Van was founded in 2014 by Singaporeans Lai Chang Wen, Shaun Chong, and Boxian Tan. The firm runs on a hub-and-spoke model, compared to other companies like GOGOX and Lalamove that use a point-to-point model.
In 2019, it delivered an average of one million parcels a day around the ASEAN region.
During the COVID-19 pandemic in Singapore in 2020, Ninja Van saw a three-fold increase in parcel volume in Singapore. In Malaysia, it saw a two-fold increase in shipment volume growth, driven by the growth in social-commerce transactions.
In July 2021, it was reported that Ninja Van was considering an initial public offering in 2022.
In July 2024, they announced a second round of layoffs coming after the first round of layoffs in May 2024.
In September 2024 it was reported in The Straits Times, Singaporean daily newspaper, that it was suspending operations in Vietnam due to unpaid salaries.