Souq.com backs delivery and logistics start-up

Wing.ae provides delivery solutions across an array of industry verticals

Tags: E-commerceMergers and acquisitionsSouq.com
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Souq.com backs delivery and logistics start-up Ronaldo Mouchawar, Souq.com said: "We were impressed by WING's team and vision to build a tech driven transparent logistic network."
By  Aasha Bodhani Published  July 31, 2016

On-demand delivery and courier marketplace, Wing.ae, has closed a seed funding round backed by e-commerce platform Souq.com.

Tech start-up Wing.ae helps courier companies, SMEs and customers choose the best, fastest and cheapest delivery gateway along with real-time order tracking.  

The WING.ae platform will use smart technology to enable businesses to make use of this spare capacity, reducing down on CO2 emissions and increasing the profitability of logistics companies.

Ronaldo Mouchawar, Souq.com CEO and co-founder, said: "The unique proposition of WING.ae is how it aggregates courier companies, fills the logistics supply gaps, creates economies of scale and offers a win-win situation for the logistic companies as well as the customers and merchants. 

"We were impressed by WING's team and vision to build a tech driven transparent logistic network. We believe that a platform such as WING.ae is equipped to fulfill enormous demands for Souq.com, especially during our big campaigns such as White Friday." 

Muzaffar Karabev, CEO and co-founder of WING.ae added: "The UAE is a leading e-commerce and smart hub in the region, and WING.ae enables small businesses as well as individuals' access the UAE's goods and services in their suburb and beyond.

"Our goal is to offer people what they want in the quickest time via simple Android and iOS Apps. We believe physical address issue is not the only problem in the region, but matching supply with demand (when needed) can be a huge step forward towards lowering the costs whilst generating more business for both sides."    

Wing.ae caters to diverse industry verticals, including food, groceries, fashion and electronics and will offer brick and mortar retailers the opportunity to grow their e-commerce model by making their products readily available to consumers at a low delivery cost.   

WING.ae provides delivery solutions, including same day delivery, to courier and delivery companies to ship products to their customers, and keep an easy track of orders, deliveries and payments. Furthermore the transportation app enables users to receive or send items anytime and anywhere.

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