Teleport

Teleport

Connecting Southeast Asia with logistics - Teleport.

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DateInvestorsAmountRound
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N/A

$50.0m

Growth Equity VC
Total Funding000k
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No investors found

Financials

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Revenues, earnings & profits over time
USD20202021
Revenues00000000
% growth-108 %
EBITDA00000000
Profit00000000
EV00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000

Source: Dealroom estimates

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More about Teleport
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Teleport operates as the integrated logistics venture of Capital A Berhad (formerly AirAsia Group), positioning itself as a key player in the Southeast Asian cross-border logistics market. The company was established in 2018, consolidating the cargo belly capacity of all AirAsia airlines into a single, comprehensive network. This initiative was spearheaded by Pete Chareonwongsak, who serves as the CEO. Chareonwongsak's journey with the parent company began earlier; from 2012 to 2016, he was the AirAsia Group Head of Business Development, where he was instrumental in establishing new airline joint ventures and other M&A activities. His experience in turning around AirAsia Philippines as Regional COO directly preceded his founding of Teleport.

The firm's business model is centered on providing fast and cost-effective air logistics for businesses of all sizes, from large e-commerce marketplaces like Shopee and Lazada to smaller merchants. Teleport generates revenue through its cargo and e-commerce delivery services, leveraging a unique hybrid network model. This model combines exclusive access to the cargo space in AirAsia's extensive fleet of over 200 passenger aircraft with its own dedicated freighters and capacity from over 40 partner airlines. This asset-light approach allows for a lower cost structure, enabling competitive pricing for its clients.

Teleport's core service is enabling next-day delivery across Southeast Asia. The company offers end-to-end logistics solutions, managing the entire journey from the first mile, including pickup from warehouses, to the last mile. For key markets, it has built its own ground infrastructure, including sorting, trucking, and customs clearance services. The service portfolio is designed to handle a wide variety of shipments, from general freight and palletized cargo to small e-commerce parcels and even dangerous goods. By unifying the fragmented logistics landscape, Teleport provides clients with a single point of contact for shipments across a network that connects major hubs and smaller tier 2 and tier 3 cities throughout the region.

Keywords: air logistics, Southeast Asia, e-commerce delivery, freight services, cross-border shipping, cargo network, last-mile delivery, supply chain, AirAsia, logistics provider

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Investments by Teleport

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ACQUISITION by Teleport Aug 2021