Delivery Republic, a Hong Kong on-demand delivery startup has announced it raising $2 million in a funding round led by Lap Man, a serial entrepreneur based in Hong Kong.
Founded less than a year ago, Delivery Republic operates with individual outlets and top restaurant chains to deliver food and beverages to consumers within an hour of order time. In less than a year, the startup has partnered with international chains like California Pizza Kitchen and KFC and many Hong Kong eateries like The Butcher’s Club and Paisano’s Pizzeria.
Delivery Republic claims to be little different from the other food delivery services. George Kee, founder and CEO of Delivery Republic said, “Our service is different from other food delivery companies. We don’t actually take direct orders from customers and customers don’t go to our app to book. We are a B2B solution. This is good for larger brands, which need to own their database of customers. When FoodPanda started, they used our service!”
The app of Delivery Republic syncs the company’s drivers with merchants that allows orders to be tracked in real-time. The company claims that 70% to 80% of its services is mostly food delivery. It is open to the partnered restaurants using other additional delivery systems.
With the fresh funds, Delivery Republic plans to expand into other areas in Hong Kong and set its foot into other cities in Asia. It also plans to strengthen its teams to catch up with the demand and recruit more people from the HK’s labor market which is very tight.
Delivery Republic is the only on-demand delivery service to function in the 85% of the populated areas on Hong Kong island and the territories. It ensure every order is completed in one hour with a fleet of 100 vehicles that consists of motorbikes, scooters, cars and vans for the deliveries.