LEO & Nexter Ventures co-invest in ZPS Corporation's ZUPPORTS
Bangkok, Thailand, July 1st, 2022 – LEO Global Logistics (LEO), a leading End-to-End Global Logistics Service Provider, and Nexter Ventures, an affiliate of SCG Group, have co-invested in buying ZPS Corporation Ltd. (ZPS) stocks. ZPS is a start-up company and is the provider of the 'ZUPPORTS' platform, which offers online transportation management to support Thailand's importers and exporters.
Mr. Kettivit Sittisoontornwong, CEO of LEO Global Logistics, said, "LEO and Nexter Ventures both saw great potential in the ZUPPORTS platform as a significant part of our digital transformation and business expansion. Accordingly, we decided to place our investment in ZPS as of June 27th, 2022."
ZPS has developed the ZUPPORTS platform to enhance international transportation efficiency for importers and exporters. The platform's services include a bidding system to compare service offerings from different providers, a booking system to book for air, sea, and land freight, a billing system for verifying transportation billing documents, and an analytics system to manage and analyze transportation data.
"LEO Global Logistics is an important international transportation alliance to the ZUPPORTS platform. Hence, we decided to invest in ZPS to promote the benefit of digital technology in increasing business efficiency, simplifying work processes, and enhancing the company's digital competitiveness for a leap of growth in the near future," said Mr. Sittisoontornwong.