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Asian logistics start-up GoGoVan says it will use its latest funding round to further “disrupt” the traditional logistics industry.

GoGoVan says the funding, partly raised from Chinese e-commerce giant Alibaba, will be used to create a new business model that will “change the very DNA of the logistics industry”.

“The logistics industry is unoptimised and inefficient, with old and traditional processes,” GoGoVan chief executive Steven Lam told The Loadstar.

He added: “There is also a lack of data collection and advanced technology that ...

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