Ninja Van

Ninja Van

Technology-enabled logistics and delivery services

About Ninja Van

Simplify's Rating
Why Ninja Van is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Automotive & Transportation

Consumer Goods

Company Size

5,001-10,000

Company Stage

Debt Financing

Total Funding

$947.9M

Headquarters

Singapore, Singapore

Founded

2014

Overview

Ninja Van provides delivery services in Southeast Asia, catering to both businesses and individuals. The company focuses on creating a simple and efficient delivery experience through its technology platform, which enables real-time tracking of parcels and allows customers to schedule deliveries at their convenience. Ninja Van operates a wide network of drop-off and pick-up points, making it easy for users to send and receive packages. Unlike many competitors, Ninja Van emphasizes customer service and offers additional features like cash on delivery, which helps generate extra revenue. The goal of Ninja Van is to be a reliable logistics partner in the region, ensuring that deliveries are hassle-free and efficient.

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Funded Recently
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Simplify's Take

What believers are saying

  • Rising e-commerce in Southeast Asia boosts demand for last-mile delivery services.
  • Expansion of warehouse facilities improves logistics infrastructure for SME clients.
  • New leadership appointments indicate a focus on regional growth and development.

What critics are saying

  • Increased competition from startups like Toki threatens market share.
  • Recent layoffs in the tech team may hinder innovation and technology advancement.
  • Reliance on revolving credit facility suggests potential cash flow challenges.

What makes Ninja Van unique

  • Ninja Van leverages advanced technology for real-time parcel tracking and delivery scheduling.
  • The company offers a wide network of drop-off and pick-up points for convenience.
  • Strategic partnerships with financial institutions enhance service offerings and customer reach.

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Funding

Total Funding

$947.9M

Above

Industry Average

Funded Over

6 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Competitive income compared to the market

Tet bonus , Performance review from 1 - 4 months

Paid social insurance based on full salary

12 days annual leave, 5 days sick leave (with full salary)

High-class AON Health Insurance for manager level

Year End Party, annual Townhall Ceremony

Annual company trip

Attractive team-building activities

Provide laptop for employees

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↑ 0%

2 year growth

↑ 0%
SBR
Oct 17th, 2024
Ninja Van bags US$50M revolving credit facility from HSBC

Ninja Van secured a three-year US$50m revolving credit facility (RCF) from HSBC Commercial Banking.

Tech in Asia
Sep 26th, 2024
Ninja Van appoints new SG head

Ninja Van Group has appointed Justina Sim as the country head of Ninja Van Singapore.

Must Share News
Apr 30th, 2024
Ninja Van announces layoffs in region, 10% of tech team affected

Local firm Ninja Van has laid off 21 workers, which translates to 10% of its regional tech team and 20% of its local tech team, according to The Edge Singapore.

Parcel and Postal Technology International
Jan 15th, 2024
Ninja Van Malaysia names new CEO

Ninja Van Malaysia has announced that Lin Zheng will take over from Adzim Halim as CEO, as part of the tech-enabled logistics company's strategic development plans.

Disruptr
Jan 15th, 2024
Ninja Van Malaysia Names Lin Zheng As New CEO

Ninja Van Malaysia, the leading tech-enabled logistics company, announced the promotion of Lin Zheng as its new Chief Executive Officer (CEO) as Adzim Halim, the departing CEO, moves into his new role as Group Chief International Officer.

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