(L-R) Moovaz’s Head of Ops Lee Minghui and CEO Lee Junxian with GetVan Director James Neo and CCO Jerry Chua
Singapore-headquartered relocation services company Moovaz has signed an agreement to acquire local on-demand van rental services startup GetVan.
The transaction details of the deal haven’t been disclosed.
Moovaz said in a statement that the acquisition will allow it to bolster its end-to-end relocation ecosystem with GetVan’s technological offering and strong driver-partner network.
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As part of the agreement, GetVan Founder and CEO James Neo will join Moovaz as Head of Supply Chain Operations.
This latest development comes about four months after Moovaz signed a deal with Singapore Press Holdings to acquire its expat-focussed publication The Finder, with plans to add content for the purpose of community-building to its digital-first relocation service.
Founded in 2018, Moovaz is an all-in-one digital platform operating in the logistics and international relocation industry. It is a global network of over 2,000 certified partners.
In April, Moovaz raised a US$7 million in Series A financing round, led by Quest Ventures, YCH Group and SGInnovate.
Founded in 2016, GetVan is an on-demand van-hire service designed to help city dwellers with their moving and transportation needs. Its intra-city logistics solutions are available for businesses and individuals.
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GetVan founder James Neo is a military officer-turned-entrepreneur, with a background in ride-hailing through his former capacity as the Head of Driver Acquisitions and Market Insights at gojek.
“Moovaz and GetVan share a common belief that to win with customers, we have to first win with our partners. I am impressed by the strong commitment to protecting partner earnings and experience within the Moovaz platform,” said Neo.
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Image Credit: Moovaz
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