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 | |
| 🌐 Website | GoGoVan.com.hk |
| 📇 Address | |
| 📞 telephone | |
GoGoTech Limited is an Asian mobile technology company headquartered in Hong Kong. In July 2013, the company launched its first logistics booking mobile application (GoGoVan) on both Android and Apple app stores in Hong Kong.[1][2] GoGoVan allows users with smartphones to submit logistics requests to GoGoVan drivers and vehicles. As of 2016, the service was available in 13 cities in Asia, including Hong Kong, Singapore, mainland China, Taiwan, South Korea, and India.
Hong Kong’s GoGoVan and Easyvan were labelled as “Uber for logistics” in Asia.[3] The versatility of smartphones allows mobile apps to offer online booking, instant quoting, GPS tracking, and order records for users. These all-rounded logistics services, along with a widespread base of smartphone users in Asia, distinguish GoGoVan from traditional logistics companies which heavily depend on call centers.[4]
GoGoVan, along with two other startup companies, Yeechoo and Shopline, was selected for an investment programme under Alibaba’s HK$1 billion fund for entrepreneurs in Hong Kong.[5]
Regulatory
In Hong Kong, it is illegal to carry passengers for reward unless drivers have 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 a fine of HK$2,500 and his license was suspended for 12 months. Another was sentenced to two weeks in jail.[6]
Criticisms
The legality of GoGoVan has always been challenged by the Government of Hong Kong and traditional logistics/taxi companies. They allege that its vehicles carrying passengers are unsafe and illegal. Some taxi and van drivers have called GoGoVan “pirate taxis”.
Monopoly
GoGoVan was accused of trying to monopolize the market. GoGoVan and other online logistics companies brought increased competition to the traditional logistics industry. One result has been a decline in the traditional logistics business. Van/truck drivers have accordingly registered as GoGoVan drivers for a living. As time went on, GoGoVan employed local van drivers, which monopolized Hong Kong’s private logistics market. Since GoGoVan employed too many drivers, competition grew stiffer. Some drivers complained that it was difficult to take orders.[7]
Pirate Taxis
Hong Kong’s taxi drivers protested against the influx of competition from Uber and GoGoVan.[8] Although GoGoVan is an online logistics app for freight delivery, taxi drivers generally believe some GoGoVan drivers do provide passenger transportation services.
References
- ↑ "8 Standout Startup Founders in Asia". tech.co. Tech.Co.
- ↑ "Chinese Social Network Renren Invests In Hong Kong Startup GoGoVan". blogs.wsj.com. Wall Street Journal.
- ↑ "'Uber for logistics' is already happening in Asia, and Uber is getting left behind". www.techinasia.com. Tech in Asia.
- ↑ "Smartphone apps shake up Hong Kong transport and delivery services". http://www.scmp.com. South China Morning Post. External link in
|website=(help) - ↑ "Three Hong Kong startups get a leg up from Alibaba". www.scmp.com. South China Morning Post.
- ↑ "GoGoVan driver convicted amid illegal driver crackdown". www.hongkongfp.com. HK Free Press.
- ↑ "Why some drivers hate GoGo Van". www.ejinsight.com. HK Economic Journals.
- ↑ "Taxi drivers stage protest new services like Uber, GoGoVan, FlyTaxi". www.hongkong.coconuts.co. Coconuts HongKong.
External links
 | This Asian corporation or company article is a stub. You can help EverybodyWiki by expanding it. |
This article "GoGo Tech" is from Wikipedia. The list of its authors can be seen in its historical. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.
