PT Royal Express Indonesia and Weyland Tech Inc. Launch Pilot Program

March 2019

Weyland Tech Inc. and ‘Last-Mile’ Delivery Partner, PT Royal Express Indonesia (“REX”) announces update on its strategic partnership. The companies are implementing a pilot program which will launch 1 March 2019.

In December 2018, the company signed an agreement with REX to create a cashless option for REX clients by using the eWallet platform. Under the agreement, Weyland is obligated to gradually replace the cash-on-delivery facet of the REX business. Weyland Tech’s eWallet, AtozPay, will enable deliveries to be transacted via the smartphone app eliminating cash.

This new technology will dramatically improve operational efficiencies and expects to achieve well-above market growth rates once fully implemented.

In exchange, Weyland’s Indonesia entity, WIP, would receive an average of 15% of each delivery fee, equivalent to USD 0.45-0.50 with a potential of net revenue in USD 1.6-2 million annually. REX currently ships approximately 10,000 packages per day, for thousands of Small-Medium sized Businesses (“SMBs”).  

(Source: New Media Wire)

Our Services

Orissa International provides consulting services to companies that want to develop a market entry strategy for Southeast Asia or implement their business expansion into the region. We have very strong domain knowledge of markets and industry sectors, and a business network of over 16,000 distributors, resellers, and system integrators, built through advising and guiding more than 5,000 companies with their market expansion into Singapore, Malaysia, Indonesia, Thailand, Vietnam and the Philippines over the last 25 years.