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PH-based digital logistics company gets $11-M funding

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Digital logistics company Locad has raised $11 billion in fresh equity to grow its network across the country and in the region as it takes advantage of the booming e-commerce industry. | TyronePiad /PDI

“We started that in the Philippines by opening our presence in Cebu and Davao last year,” he said.

Robertz said this strategy would also be replicated in markets outside the country as the company seeks to further cement its presence in Southeast Asia. A second fulfillment center was recently opened in Thailand.

 

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