“Oda” closed its first round of investment and promises to expand the Gulf region.
The Riyadh-based Express Transportation company, LLC. "oda", which specializes in logistics and e-commerce marketplace, has announced the closure of its first investment round, in which it managed to collect nearly 2 million Saudi riyals from angel investors with the aim of providing its services to the local market for a number of companies and brands.
From this tour, "oda" aims to develop its services in the field of e-commerce and logistics to a competitive level commensurate with the latest technical and operational solutions in managing electronic stores projects, related to warehousing, fulfillment, and express delivery on the same day. This contributes to achieving the goals of the Kingdom's Vision 2030 in making a qualitative leap in the field of e-commerce by raising the level of services provided to entrepreneurs, brand owners, and customers alike.
On this occasion, Younes Al Jameel, founder and CEO of Express Transportation Company Ltd., the owner of the brand "oda", said: “Due to our experience in providing last-mile delivery services for several brands, we have noticed the absence of integrated technical solutions that provide appropriate technical connectivity for brands In managing and organizing sales and delivery operations. Although there are many technical companies that provide electronic store services, they often stop at technical empowerment only and do not extend to include operational solutions in the logistical field. While we seek in "oda" to manage the technical and operational process under one easy-to-use umbrella, will take the seller and customer experience to the level of a global trend moving from E-Commerce to Q-Commerce through the strategy of (Dark Store) distributed within cities."