JAKARTA, INDONESIA – Media OutReach – August 10, 2023 – “Simplify life” is the belief of our e-commerce platform Uway. Since entering the Indonesian market, Uway has been committed to transforming and shaping the Indonesian e-commerce ecosystem by optimizing the supply chain, supporting entrepreneurs, investing in logistics systems and increasing promotional efforts. . Today, Uway is honored to announce $500 million in funding. It is not only a financial support, but also a recognition of Uway.
Uway’s goal is to create a fully optimized supply chain that allows every consumer to get the goods they need in the most convenient way possible. To achieve this goal, Uway will use this new funding round to improve Uway’s supply chain technology so that Uway’s platform can configure and respond to demand faster and more accurately, while offering better forecasting and inventory management.
Meanwhile, exceptional merchants are an important part of the e-commerce ecosystem. Uway will set up a startup support fund, through which Uway will provide financial support to budding startups and stores to help them realize their dreams and distribute e-commerce dividends.
In order to inform more people and enjoy the quality shopping experience brought by Uway, Uway will invest more resources in advertising and promotion. Uway will publicize the name and service of Uway to all Indonesians through various channels.
Moreover, a great e-commerce platform cannot function without an efficient logistics system. Therefore, Uway plans to invest more in its logistics system, including improving delivery efficiency, increasing the integrity and transparency of the flow of goods, and expanding the range of delivery services. Uway’s goal is to let consumers enjoy Uway’s fast delivery service anywhere in Indonesia.
Uway believes that a high quality shopping experience comes from attention to detail and continuous innovation. Uway hopes that with the new funding round, it can further realize Uway’s mission and create more value for Indonesian consumers and businesses. Uway expects all partners, investors, merchants and consumers to join forces with Uway to create the future of e-commerce.
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The issuer is solely responsible for the content of this announcement.
