Name: Logistics and Delivery Tech: Zoom2U’s rapid innovation and keeping up with the big players
Uploaded: 2022-06-07T05:50:27+10:00
Channel: Oriel Morrison
Description: In this edition, host Oriel Morrison discusses the logistics and parcel delivery market, currently a $5bn industry in Australia.

On the Bid is a new Stockhead video series featuring a roundtable of experts discussing a new investment topic each week.

In this edition, host Oriel Morrison discusses the logistics and parcel delivery market, a growing sector in Australia that saw massive growth during the Covid pandemic and currently valued as a $5bn industry in Australia. The panel discuss the impact of Covid on the sector, the demand for innovation during this period, Zoom2U’s growth, partnerships and future growth potential.

On the panel this week is Steve Orenstein, founder and CEO of Zoom2u Technologies (ASX:Z2U) and Jules Cooper, senior analyst at Shaw and Partners

Zoom2u is an Australian owned delivery platform that connects you with local independent couriers in your area for fast, same-day delivery.

The company has shown continued growth in Q3, with revenue doubling compared to pcp.

The panel discuss a range of topics, including the expected pace of growth within the industry, Covid’s impact on the demand for innovation, Zoom2U’s and Locate2u’s partnership, potential future growth and more.

So click above to tune in!