TOKYO–(BUSINESS WIRE)–March 13, 2022–
Dai Nippon Printing Co., Ltd. (DNP), Uniadex Ltd. (Uniadex) and Global Mobility Service Inc. (GMS) are pleased to announce the establishment of a joint venture (JV) based in the Philippines for logistics and delivery correspondence services. The joint venture, which will be known as 3Q DASH TECHNOLOX, INC., was launched on February 4, 2022 and was launched in anticipation of further expansion in logistics demand and continued growth in the future. amid the Covid-19 pandemic.
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Context of the joint venture
The Philippines has seen an increase in logistics flows thanks to several years of solid economic growth. However, numerous delivery time and cost issues have arisen, including shortages of delivery drivers, severe and chronic congestion in the city center, and delays in the delivery mechanism infrastructure. At the same time, due to the impact of the current Covid-19 pandemic, online shopping and food delivery have seen a surge in usage, and delivery challenges are becoming increasingly more serious.
In anticipation of overcoming these challenges and the expected continued growth of delivery in the future, the three partners have established a joint venture based in the Philippines and will provide a delivery logistics and correspondence service targeting Last Mile 1 logistics.
1: Last mile logistics. In the logistics industry, the last mile refers to the delivery of parcels and parcels from the final delivery base to end users, such as residences and workplaces.
Preview of the new JV
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Company Name |
3Q DASH TECHNOLOX, INC. |
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Representing |
Philip B. Sanvictores, President |
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Location |
6/F Electra House Bldg., 115-117 Esteban Street, Legaspi Village, Makati City 1229, Metro Manila Philippines |
|
Business |
Connecting service on the Internet between shippers and delivery drivers in the field of logistics and delivery, as well as other related services |
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Capital city |
PHP 11 million (about $215,000) as of February 4, 2022 |
|
Shareholding |
Netmarks Philippines, Inc. (subsidiary of Uniadex). DNP Asia Pacific Pte Ltd. (subsidiary of DNP). Global Mobility Service Philippines, Inc. (GMS subsidiary). |
|
Creation date |
February 4, 2022 |
Joint venture
- Uniadex’s subsidiary in the Philippines will take over the logistics delivery matching system developed by DNP and integrate it into a cloud environment, which the new JV will provide to shippers and delivery drivers, as a matching platform deliveries.
- GMS provides employment opportunities and support to improve the living conditions of three-wheeled motorcycle taxi drivers through FinTech services. Under the new JV, these drivers will be primarily responsible for delivering parcels and parcels.
- By providing this service, the new joint venture will offer shippers benefits, such as reducing the workload associated with delivery terms, securing delivery drivers, reducing delivery times and achieving appropriate delivery costs. . In addition to creating new employment opportunities for drivers, support will also be provided to help overcome the challenges of poverty and improve living conditions.
Introducing DNP
Groupe DNP is a comprehensive printing company that continues to deliver new value aimed at achieving a sustainable and better society that enjoys more comfortable lifestyles. By combining our unique strengths in print and information (P&I), we will deepen cooperation with our partners and provide a variety of products and services spanning a wide range of fields to our client companies, organizations, consumers and regional society.
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Company Name |
Dai Nippon Printing Co., Ltd. |
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Representing |
Yoshinari Kitajima, President |
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The head office |
1-1-1 Ichigaya-Kagacho, Shinjuku-ku, Tokyo |
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Business |
Printing consisting of information and communications, industrial and lifestyle supplies and electronics |
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Creation date |
January 19, 1894 |
Introducing Uniadex
Uniadex is working with six companies in the People’s Republic of China and Southeast Asia to support the creation of an ICT environment that Japanese companies expanding overseas can use with confidence. In 2001, Uniadex established Netmarks Philippines Inc., a company based in Makati City, Metro Manila, providing comprehensive services for achieving an optimal IT infrastructure environment, such as building a network with a level of security high between local businesses and Japan.
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Company Name |
Uniadex, Ltd. |
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Representing |
Tsuneo Toh, President and CEO |
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The head office |
1-1-1 Toyosu, Koto-ku, Tokyo |
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Business |
The one-stop supply from system infrastructure planning and design to operation, maintenance and construction, including hardware, software, networking and cloud computing in Japan and overseas as a full-service ICT infrastructure company. |
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Creation date |
March 4, 1997 |
Presentation of the GMS
GMS is a FinTech startup working for financial inclusion by creating credit for the 1.7 billion poor and low-income people in the world. By analyzing vehicle data collected through MCCS 2 developed by GMS and financial data acquired in collaboration with financial institutions, it is possible to visualize the creditworthiness of drivers and provide opportunities focused on financial services, such as loans and leases to those who were previously unable to pass credit check processes.
2: MCCS (Mobility-Cloud Connecting System) is a system developed by GMS which can specify the location of a car and remotely control the engine of the car safely.
|
Company Name |
Global Mobility Service Inc. |
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Representing |
Tokushi Nakashima, Chairman and CEO |
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The head office |
4F Sumitomo Shiba Daimon Bldg. II, 1-12-16 Shibadaimon, Minato-ku, Tokyo |
|
Business |
Provision of financial inclusion-type FinTech services Provision of mobility services based on MCCS and Mobility Service Platform (MSPF) and services using secondary data. |
|
Creation date |
November 25, 2013 |
See the source version on businesswire.com: https://www.businesswire.com/news/home/20220220005064/en/
CONTACT: Media Contact
DNP; Yusuke Kitagawa 81-3-6735-0101,[email protected]
UNIADEX; Public Relations Office 81-3-4579-1081, [email protected]
supermarkets; Misora Ohara 81-3-6264-3113, [email protected]
KEYWORD: NORTH AMERICA UNITED STATES ASIA PACIFIC JAPAN PHILIPPINES CALIFORNIA
KEYWORD INDUSTRY: OTHER TRANSPORT TECHNOLOGIES TRANSPORT FINANCE PROFESSIONAL SERVICES SOFTWARE SMALL BUSINESS INTERNET DATA MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT
SOURCE: Dai Nippon Printing Co., Ltd.
Copyright BusinessWire 2022.
PUBLISHED: 03/13/2022 21:00 / DISK: 03/13/2022 21:02
http://www.businesswire.com/news/home/20220220005064/en
Copyright BusinessWire 2022.
