Business
Weyland Tech’s AtozGo Food Delivery Service Surpasses 49,500 Customers and 14,500 Daily Deliveries in Just Four Months Since Launch
Weyland Tech’s AtozGo Food Delivery Service Surpasses 49,500 Customers and 14,500 Daily Deliveries in Just Four Months Since Launch.
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[{"type":"text","content":"\n NEW YORK, Nov. 29, 2019 (GLOBE NEWSWIRE) -- Weyland Tech, Inc. (OTCQX: WEYL), a leading global Platform-as-a-Service (PaaS) provider of m-Commerce and fintech solutions, reported that its AtozGo ™ local food delivery service in Jakarta, Indonesia, has reached a registered customer base of 49,500 mobile users and 14,500 deliveries per day after only four months since its inaugural launch in July. Powered by Weyland’s m-Commerce technology and the AtozPay™ mobile payment platform, AtozGo allows office workers and city dwellers to order food delivered from their local favorite restaurants. Using their smartphone, they can browse menus, easily order and pay using their AtozPay e-Wallet, and track deliveries to their door. AtozGo saves the hassle of going out and waiting in line, while providing a fast and easy way for others to make extra money in their spare time or even full time. Unlike other local food delivery services, such as GrabFood, AtozGo increases the potential number of available delivery people by not requiring they have a motor vehicle. They simply need to be within walking distance of the customer and local food establishments. This helps make the service a more affordable and faster option for urban consumers. Jakarta was an ideal location to introduce AtozGo, with a residential population of 30 million and 3.5 million commuters. The company’s runner-based approach in densely populated urban center like Jakarta reduced the typical food delivery time by a third, or to about 15 minutes, as compared to competing services. “AtozGo’s unique approach and phenomenal growth is generating a tremendous amount of value,” noted Weyland Tech CEO, Brent Suen. “Looking at global competitors like Uber Eats or DoorDash, and even down to local competitors in Southeast Asia, such as GrabFood or Go-Foods, their average value per user is around $330. This implies a stand-alone valuation for AtozGo of more than $16 million, and we’ve only just begun. Jakarta is just the starting point, with many other cities that are ideal for expansion.” AtozGo is currently adding about 1,000 new customers daily using innovative marketing programs to drive user growth. As it introduces these promotions to more population dense areas of Jakarta, it expects to increase this rate to 2...