E-marketplace for express delivery firms launches

Deals

Chuck Wagner/Shutterstock.com

Startup fuvar.hu has launched an online marketplace for express delivery companies in Hungary, according to a report by state news agency MTI.

Image: Chuck Wagner/Shutterstock.com

Founder Sebestyén Szucsányi-Borza said more than 750 express delivery companies have registered with fuvar.hu. Some 37,000 such companies operate in Hungary, most with a staff of one to four people, he added.

According to the companyʼs website, clients can also submit requests. The registered companies will then try to outbid each other in order to win the submitted task.

Venture capital investors have already put HUF 39 million into fuvar.hu and preparations are underway for a HUF 150 mln capital injection which fuvar.hu wants to use to raise headcount and boost marketing.

ADVERTISEMENT

The New Age of Commerce is Approaching Analysis

The New Age of Commerce is Approaching

Horthy Statue to be Unveiled in Parliament Parliament

Horthy Statue to be Unveiled in Parliament

UPS Appoints Regional Director Appointments

UPS Appoints Regional Director

Completion of Metro Line M3 Renovation Delayed City

Completion of Metro Line M3 Renovation Delayed

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.