18 Country Expansion Agreement signed with Existing Global Enterprise Customer 

Yojee has jumped 50% in the past two days based on an impressive company update. Major enterprise customer Kuehne-Nagel has expanded its agreement with Yojee from 1 country to 18 additional countries in the Asia-Pacific region. https://wcsecure.weblink.com.au/pdf/YOJ/02388571.pdf

You can listen to a podcast with the managing director here: https://yojee.com/company/podcast/

Highlights are:

• Follows recent ongoing success with the customer in the Philippines e-commerce space (first country of Yojee Platform ‘Logistics Hub’ deployment). 
• Significant increase in directly addressable revenue-generating parcel movements. 
• Strong strategy execution towards Yojee’s 126 Logistics Hubs across APAC roll-out. 
• Strong cash balance of A$19.8m (31 March 2021), providing a substantial runway to support business growth.

Yojee is continuing to execute on its 3 year strategy of getting to 126 logistics hubs across APAC. This announcement proves the value of the Yojee platform with major customers. This Kuehne-Nagel deal alone could lead to 20 plus logistic hubs.