Ninglu (Abbey) Wang founded Gogovan in July 2013 in Hong Kong as an on-demand cargo transportation service offering light-goods vehicles, vans, and 9 ton trucks. The privately held company has raised a total of $26.54 million in equity funding through a Series A round of $6.5 million in August 2015 and a Series B round of $10 million in June 2015. Gogovan has expanded to Singapore in August 2014, Taiwan in November 2014, mainland China in 2015, and South Korea in 2015.

1. Ninglu (Abbey) Wang
ABBEYWNL

2. SAMPLE PRODUCTS
On-Demand cargo transportation service
Light-goods Vehicle
Van
9 tons Truck

3. FINANCIAL INFO
Privately Held
‣ Total Equity Funding: $26.54M
‣ Series B on June 11, 2015: $10M
‣ Series A in August, 2015: $6.5M

4. BRIEF HISTORY
2013 JULY
FOUNDED IN
HONG KONG
2014 AUGUST
SINGAPORE
2014 NOVEMBER
TAIWAN
2015
MAINLAND
2015
SOUTH KOREA

5. WHAT’S HOT
Transformative
‣ No Base fee
‣ Large pool of vehicle
‣ Shorter waiting time

6. COMPETITORS

7. MY PREDICTION
Promising + Tricky
‣ Series C
‣ Expansion
‣ Protest

8. REFERENCES
▸ h"p://techcrunch.com/2014/06/19/gogovan-wants-to-be-the-uber-of-delivery-for-asia/
▸ h"ps://www.techinasia.com/gogovan-easyvan-in-hong-kong-uber-for-logisCcs-is-already-
happening-in-asia-and-uber-has-missed-out
▸ h"p://blogs.wsj.com/digits/2014/11/18/chinese-social-network-renren-invests-in-hong-kong-
startup-gogovan/
▸ h"ps://share.inside.com.tw/posts/14860
▸ h"ps://newsroom.uber.com/hong-kong/en/free-uber-this-wednesday-because-free-is-
awesome-3-3/
▸ h"ps://www.techinasia.com/gogovan-series-b-plus-funding