The notice of meeting provides a lot of detail and was a good read. The investor names behind Yojee come with good pedigree as well. The sharing economy aspect makes everyone think Uber style play but in fact it is completely different,
"Yojee’s complementary multiple-segment capabilities will mean entrepreneurial
businesses can utilise the Platform both as a carrier and for significantly
enhancing their existing logistics arrangements and go-to-market capabilities,
meaning that businesses can both use their existing assets to provide transport
and logistics services to customers, or act as a customer for the delivery of their
own goods where it would be cheaper than using their own transport assets.
Today, the logistics industry focuses on the availability across one company's
fleet of vehicle types, planes or sea capacity. By adopting the sharing-economy
approach, the Yojee delivery network aims to open up more options for both the
sender and carriers to deliver in a timely and cost effective manner across the
Yojee delivery network.
The ability to generate both supply and demand on the sharing-economy
platform will mean that the network could be used by businesses to generate
growth without capital expenditure, meaning growth is limited only to the
continued pervasive adoption and not the financial capability of the business
to make significant capital outlays required to otherwise acquire vehicles and
buildings necessary for slow incremental growth in the traditional logistics
network model.
Businesses working together using the Yojee platform will form the ‘Yojee
delivery network’"
SWR Price at posting:
3.5¢ Sentiment: Hold Disclosure: Held
