Logistics and Ecommerce Brand oda Closes First Investment Round

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Specialising in logistics and e-commerce, oda has recently announced the closure of its first investment round by angel investors with the aim of providing its services to the local market for a number of companies and brands.

From this tour, oda aims to develop its services in the field of eCommerce and logistics to a competitive level commensurate with the latest technical and operational solutions in managing electronic stores projects, related to warehousing, fulfilment, and express delivery on the same day. This contributes to achieving the goals of the Kingdom’s Vision 2030 in making a qualitative leap in the field of eCommerce by raising the level of services provided to entrepreneurs, brand owners, and customers alike.

On this occasion, Younis Al Jameel, founder, and CEO of Express Transportation LLC., the owner of the brand oda, said, “Due to our experience in providing last-mile delivery services for several brands, we have noticed the absence of integrated technical solutions that provide appropriate technical connectivity for brands In managing and organising sales and delivery operations.

Although there are many technical companies that provide e-store services, they often stop at technical empowerment only and do not extend to include operational solutions in the logistical field. While we seek in oda to manage the technical and operational process under one easy-to-use umbrella, will take the seller and customer experience to the level of a global trend moving from eCommerce to qCcommerce through the strategy of (dark store) distributed within cities.”

On his part, Yasser Al-Ghamdi, one of oda’s angel investors said, “By virtue of our knowledge of the eCommerce sector and its transformation, we found that a number of companies and brands are facing difficulties in managing and organising sales, storage, and express delivery, as it needs to link several different technical systems to manage electronic sales services, logistics solutions, and inventory management. Therefore, we established oda to present an integrated business model to connect the three services in one platform.”