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GoGoX
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App-based logistics platform coordinating on-demand deliveries
GoGoX
Work Here?
App-based logistics platform coordinating on-demand deliveries
Overview
GOGOX operates an app-based logistics platform in Asia that connects people and businesses with a large network of independent drivers for on-demand and scheduled deliveries. It uses a two-sided marketplace where shippers post jobs and drivers accept bookings; revenue comes from transaction fees, plus driver services and enterprise analytics. Its asset-light model relies on motorcycles, vans, and trucks across 370+ cities with a driver network exceeding 7 million, and it has expanded beyond van-hailing with the Kuaigou Dache brand in China and a unicorn milestone from merging with 58 Suyun. The goal is to simplify and scale reliable last-mile and freight delivery for individuals and businesses by building a broad, connected logistics marketplace across Asia.
About GoGoX
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$376.9M
Headquarters
Central and Western District, Hong Kong
Founded
2013
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Simplify's Take
What believers are saying
- 2025 revenue rose 1.6% to RMB670.6 million despite a tough logistics market.
- Enterprise services grew 9.4% to RMB476.4 million, now 71% of revenue.
- GoGoX added Carousell bulky delivery and Singapore NDCA advocacy in 2025.
What critics are saying
- 2025 gross profit fell 13.8% while adjusted EBITDA stayed negative RMB78.6 million.
- Cash and equivalents dropped to RMB91.8 million, pressuring operations through 2027.
- Platform service revenue fell 20.2% after subsidy cuts, exposing weak consumer demand.
What makes GoGoX unique
- GoGoX spans vans, trucks, couriers, and bulky-item logistics across Asia.
- Hong Kong and overseas markets supplied 80.3% of 2025 revenue, diversifying China dependence.
- Carousell, NDCA, and Kai Tak partnerships embed GoGoX inside customer workflows.
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Funding
Total Funding
$376.9M
Above
Industry Average
Funded Over
6 Rounds
Benefits
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 0%Didi Chuxing has acquired Hong Kong-based GoGoVan, enhancing its urban mobility and delivery services in Asia. This move aims to integrate passenger transport with logistics, offering a seamless platform for consumers. As competition with rivals like Grab and Gojek intensifies, Didi's strategy could redefine the market by merging ride-hailing with logistics. The acquisition reflects a trend of consolidation in the sector, potentially inspiring similar integrations by other companies.
GOGOX also launched its Pet-Friendly Driver Programme to ensure its drivers are trained to handle pets with care and sensitivity - making every ride calm, safe, and pet friendly.
In response to the Hong Kong Government's efforts to improve transportation facilities at the Kai Tak Cruise Terminal and enhance the travel experience for visitors, GoGoX, in collaboration with the terminal operator, launched a pilot program in January 2025.
Singapore-based horizontal Carousell has expanded its official delivery service to include bulky furniture and household appliances, in partnership with logistics tech company GoGoX.
GoGoX is Hiring for 2 Jobs on Simplify!
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About GoGoX
Industries
Data & Analytics
Automotive & Transportation
Enterprise Software
Company Size
201-500
Company Stage
Late Stage VC
Total Funding
$376.9M
Headquarters
Central and Western District, Hong Kong
Founded
2013
GoGoX is Hiring for 2 Jobs on Simplify!
Find jobs on Simplify and start your career today