Matthew Bezzina, Founder of eCabs, has announced the launch of the company’s latest service, FastDrop, which marks its entry into the local logistics market.
“That eCommerce is relentlessly moving forward is a given, and tech savvy generations have very lofty expectations from their eCommerce experiences. Yet the last mile experience is the weakest link in the service chain, being the hardest to manage,” says Mr Bezzina.
“We’ve injected our experience in tech, mobility and 24/7 fleet management, enabling local retailers and merchants to compete with foreign eCommerce platforms through a trusted, effective, 24/7 enabled logistics solution. Local eCommerce can now step up its game.”
The platform is aimed at assisting local businesses in the delivery of their products to customers, the internal movement of goods between a business’s multiple locations, the delivery of documents and sensitive items with proof of delivery, as well as deliveries of food and groceries.
Through FastDrop – which “has been engineered from the ground up for speed, convenience, and unbeatable value” – the company says it is creating a new market in third party logistics just as eCabs did with ride-hailing 10 years ago, using smart technologies for fleet management, routing, and asset optimisation.
He takes over from Alejandro Gosttuski, who will now take on the role of an Advisor.
The company, set to launch soon, will seek to provide clients with ‘customer-centric and innovative’ financial services.
The Malta Stock Exchange recently joined other exchanges for the inaugural Ring the Bell for Climate initiative.
Family businesses account for more than 70% of Malta’s SMEs, and are hence vital components of the local economy.