DPD Group buys stake in Ninja Van

DPD Group, a subsidiary of GeoPost has bought a minority stake in the Ninja Van, Singapore based parcel delivery company.

Ninja Van is a business delivery solution provider startup based in Southeast Asia. It works into Indonesia, Malaysia, Singapore, the Philippines, Vietnam and Thailand.

Ninja Van was set up in 2014 and specialises in technology enabled delivery systems that meet the logistics requirements of its customers. It has indicated it plans to expand its network in the SEA region.

GeoPost president and CEO Paul-Marie Chavanne said: “As parcel delivery expert, DPDgroup is very proud to count Ninja Van among its new international partners.

“This will give us insight in one of the fastest growing logistic market of the world and create many opportunities for cross-border connections with our many existing own or partner operations in Europe, Africa, Turkey, Russia, Brazil or India.”