Basic Introduction

TheLorry is an online platform for truck booking and reservation that provides users with quotes with fixed prices. The company works with reputable and experienced suppliers to ensure that its users' cargo is transported safely and securely to the final destination. It also provides home and office relocation services. Additional services such as packing, packaging, assembly, disassembly, and packaging are available upon request. The company is characterized by its extensive network of suppliers, safety and security, and friendly customer service. Reviews of users help individuals determine the customer experience and the company's portfolio.

By using the platform, individual customers can conduct transparent and reliable moving and furniture transportation. TheLorry emphasizes that it also provides technical distribution and long-distance transportation solutions for multinational companies in the fast-moving consumer goods, retail, industrial and e-commerce sectors.

Operation Process

Financing

In April 2019 , the Malaysian logistics platform TheLorry announced the completion of a US$ 5.85 million Series B financing round, led by Malaysian early-stage venture capital fund FirstFloor Capital , followed by Malaysian venture capital fund PNB-INSPiRE Ethical Fund , Malaysian early-stage venture capital fund Cradle Seed Ventures , Malaysian venture capital fund Axiata Digital Innovation Fund and original investor Singaporean venture capital fund SPH Ventures . The company said it plans to use the funds to strengthen its business in Malaysia, Singapore, Thailand and Indonesia.

In April 2019 , TheLorry completed a strategic investment of an undisclosed amount from Unilever. The transaction also connected TheLorry 's logistics platform to Unilever's supply chain operations department. Unilever will support TheLorry 's business promotion in Thailand, Indonesia, Vietnam and the Philippines, thereby further expanding Unilever's own supply chain network.

Development

In 2018 , TheLorry successfully expanded its business to Thailand and Indonesia.

References