Zoom2u Technologies Limited (ASX:Z2U)
Zoom2u Technologies Limited (ASX:Z2U) has developed intellectual property in a number of technology products, primarily related to delivery services. The two key operating businesses of the Group are:
A Platform which provides an Australia wide Marketplace that connects customers with local drivers in their area for fast deliveries
A business that offers customers a Software as a Service (SaaS) product for delivery and services businesses to manage bookings, optimise routes, track their team (GPS Tracking) and share their live locations with customers, globally.
Zoom2u Technologies is well placed to participate in the strong growth in the Australian delivery services market, driven by the increase in ecommerce and the increased outsourcing of delivery services. The global delivery management software market is also growing strongly, driven by the increased automation of delivery management processes route optimisation and vehicle scheduling in order to achieve greater efficiency in delivery operations.