Teleport – the rebranded cargo and logistics platform of AirAsia – and venture capital firm Gobi Partners have invested $10.6 million in regional e-commerce and parcel delivery player, EasyParcel. 

EasyParcel, which has close to half a million users will use the Series B funding to expand its offering for SME customers, leveraging Teleport’s logistics and infrastructure capabilities which include more than 100 cities, 10,000 AirAsia flights per week and some 1,000,000+ tonnes of cargo capacity.

The announcement was made by AirAsia Group chief executive officer (CEO) Tony Fernandes, Teleport CEO Pete Chareonwongsak, Gobi Partners managing Director Malaysia Jamaludin Bujang and EasyParcel founder and CEO Clarence Leong in Kuala Lumpur.