Phil - The thing about Yojee is that last mile delivery is just a subset of the software stack. What Yojee is trying to do is build a software platform that will act as the backbone of the supply chain and logistics industry starting first in SouthEast Asia. Think of it as what MasterCard/Visa/Paypal are to the world of commerce (both online and online). MasterCard/Visa/Paypal facilitate the movement of money whereas Yojee will facilitate the movement of goods. If a picture is worth a thousand words then check out the picture below from the last 4C. It depicts the ecosystem that the Yojee software platform will be catering to. This is obviously a high level depiction of the platform. It does not for instance call out the ability of two independent logistics companies using the platform and serving different regions to collaborate to facilitate the delivery of cargo from Province A to Province B and for Logistics Company in Province A to maintain visibility of the movement and ultimate delivery of the Cargo by Logistics Company in Province B. This all looks nice on paper and it's incumbent on the management team to deliver this vision.
YOJ Price at posting:
9.0¢ Sentiment: Buy Disclosure: Held
