Ninja Van Philippines has seen a 150-percent growth in parcel volumes in the past 12 months, and is processing billions of pesos of cash-on-delivery (COD) payments monthly.
With the funds that Ninja Van has successfully secured in a Series E funding round, Ninja Van Philippines is also looking to increase automation in their processes to improve operations quality and deliver only the best for their customers.
This latest round of funding involves participation from both existing and new investors.
The funds from this round of investment amounting to $578 million will be allocated towards Ninja Van’s infrastructure and technology systems as well as its suite of micro-supply chain solutions to help Southeast Asian businesses optimise e-commerce opportunities.
“These additional funds will definitely boost our efforts in optimising Ninja Van Philippines’ operations through automation, including the addition of a state-of-the-art conveyor belt in our Cabuyao sorting facility that aims to reduce our costs and increase our processing speed. These will also help in strengthening our value-added services such as Ninja Direct and Ninja Point,” said Martin Cu, country head of Ninja Van Philippines.
Celebrating its fifth anniversary, Ninja Van now has almost 100 percent nationwide coverage and around 7,000 estimated riders and drivers. It now has over 300 hubs, stores and stations warehouses to their name, with the biggest one having a total area equivalent to 17 Olympic-sized swimming pools.
The company’s growth over the last five years has been fast-paced, reaching 1 million total deliveries in 2018 and launching Ninja Direct, their dropshipping service, the following year.
Ninja Van Philippines launched new services such as the COD Advance, Ninja Direct, and Ninja Point. These are also intended to make digital adoption and the shift to e-commerce easier for their customers, especially micro, small and medium enterprise owners.
Together with the Ninja Blog, the company also launched community learning sessions, such as Ninja Masterclass, and online bazaars to help online sellers shape and improve their brand to increase their sales.
