Philippine-based on-demand delivery app company Mober is keen on expanding its presence by servicing more local vendors with its business-to-business solutions.
The company has recently participated in the Rise Conference in Hong Kong, in a bid to attract more capital, where it was warmly received by investors and got positive feedback.
Mober’s founder and chief executive Dennis Ng says he was heartened by the strong reception for the company’s pitch at the conference, which was attended by startups from all over Asia, as well as potential investors.
“We attended Rise Conference to create awareness for Mober and at the same time the main purpose is to meet venture capitalists to raise funds so we can aggressively expand the Mober operations,” Ng says.
He says at least five VCs expressed keen interest in Mober, and asked for further details on the product. Ng is hopeful of securing additional financing from them, soon.
“It may not be unique in Indonesia, Singapore or Hong Kong, but when they heard it’s the only one in the Philippines, their tone changed,” he says.
Ng says as a pioneer in the on-demand delivery app services in the Philippines, Mober believes the market is ripe for further expansion, as there is still huge latent demand.
“The PH market is so huge and local investors don’t see it yet. Like for Mober we are the first on-demand delivery app and the market is humongous with 15,000 underutilized vans and 900,000 SMEs, and 100-million population. That’s a huge market,” he says.
Mober believes its app has the potential to change the logistic scenario in the Philippines. It is now working on partnerships with local vendors, SMEs and other e-commerce platforms to expand the service.
Mober is the Philippines’ first and only on-demand delivery app, mobile and web app focused on B2B like appliance stores, furniture stores, SMEs and e-commerce.
It started operations in December 2015 and has steadily expanded its services in the local market.