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GoGoTech Limited

From EverybodyWiki Bios & Wiki

GoGoTech Limited
Private
ISIN🆔
Industry
Founded 📆2013
Founder 👔Steven Lam
Nick Tang
Reeve Kwan
Chris Yuen
James O
Headquarters 🏙️,
Area served 🗺️
Asia
Products 📟 GoGoVan
Services
Members
Number of employees
🌐 WebsiteGoGoVan.com.hk
📇 Address
📞 telephone

GoGoTech Limited is an Asian mobile technology company headquartered in Hong Kong. In July 2013, the company launched the first logistic booking mobile application (GoGoVan) on both Android and Apple app stores in Hong Kong.[1][2] GoGoVan allows users with smartphones to submit a logistic request to the GoGoVan drivers and vehicles. As of 2016, the service was available in 13 cities in Asia, including in Hong Kong, Singapore, mainland China,Taiwan, South Korea, and India.

Hong Kongś GoGoVan and Easyvan were labelled as “Uber for logistics” in Asia.[3] The versatility of smartphone allows mobile app to offer online booking, instant quoting, GPS tracking and order records for users. These all-rounded logistic services along with a widespread smartphone users in Asia bases distinguish GoGoVan from traditional logistic companies which heavily depend on call centers. [4]

GoGoVan along with another 2 starup companies, Yeechoo and Shopline, are selected for an investment programme under Alibaba’s HK$1 billion fund for entrepreneurs in Hong Kong.[5]

Regulatory[edit]

In Hong Kong, it is illegal to carry passengers with rewards unless the drivers get a taxi license.Two GoGoVan drivers were arrested after police posed as customers who used the service without any goods in the van.One was sentenced to be fined HK$2,500 and his licence suspended for 12 months. Another one was sentenced to two weeks in jail.[6]

Criticisms[edit]

The legality of GoGoVan has always been challenged by the Government of Hong Kong and traditional logistic/taxi companies. They allege that its vehicles are taking passengers are unsafe and illegal. Some taxi and van drivers have called GoGoVan offering "pirate taxis".

Monopoly[edit]

GoGoVan was accused of trying to monopolize the market. GoGoVan and other online logistic companies brought increased competition to traditional logistics industry. One result has been a decline in the traditional logistic business. Van/truck drivers have accordingly registered as GoGoVan drivers for living. As time went on, GoGoVan employed local van drivers that monopolize Hong Kong's private logistic market. Since GoGoVan employed too many drivers and make the competition grown stiffer. Some drivers complained that it was difficult to take orders.[7]

Priate Taxis[edit]

Hong Kong's taxi drivers protested against the influx of competition from Uber and GoGoVan.[8] Although GoGoVan is an online logistic app for freight delivery, taxi drivers in general believe some GoGoVan drivers do provide passengers transportation services.

References[edit]

  1. "8 Standout Startup Founders in Asia". tech.co. Tech.Co.
  2. "Chinese Social Network Renren Invests In Hong Kong Startup GoGoVan". blogs.wsj.com. Wall Street Journal.
  3. "'Uber for logistics' is already happening in Asia, and Uber is getting left behind". www.techinasia.com. Tech in Asia.
  4. "Smartphone apps shake up Hong Kong transport and delivery services". http://www.scmp.com. South China Morning Post. External link in |website= (help)
  5. "Three Hong Kong startups get a leg up from Alibaba". www.scmp.com. South China Morning Post.
  6. "GoGoVan driver convicted amid illegal driver crackdown". www.hongkongfp.com. HK Free Press.
  7. "Why some drivers hate GoGo Van". www.ejinsight.com. HK Economic Journals.
  8. "Taxi drivers stage protest new services like Uber, GoGoVan, FlyTaxi". www.hongkong.coconuts.co. Coconuts HongKong.

External links[edit]



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