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    Sisi opens Islamic Cultural Centre in NAC

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    Islamic cultural center, Misr Mosque are great achievements – Presidential adviser

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    Russia hits Ukraine with missiles, drones as ‘dear friend’ Xi departs

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    Emigration min. urges Armenian investors in California to invest in Egypt

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    Sisi greets Pakistan on Independence Day

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    Earthquake in Afghanistan kills at least 13, nine of them in Pakistan

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    ITIDA: The Abundance of Tech Talent in Egypt Helps Outsourcing Players Realize Global Delivery Goals Ahead of Time

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    TikTok CEO to tell Congress app is safe, urge against ban

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    LG MEA brings to region innovation-packed home entertainment line-up

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    An Era of Tokens: The Future of Payments is Moving from Money to Value

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    LG Egypt signs MoU with Misr Alkheir foundation for 3rd season of LG Heroes CSR initiative for 2023

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    IDSC launches ChatGPT to support decision-makers

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      Agreement inked to enhance participation of private sector in sea water desalination – min.

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      SCZone board approves number of new projects, partnerships

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      UK inflation jumps to 10.4%, surprising analysts

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        Showcasing development in Rome

        ‘Administrative body’s relocation to New Capital real development’

        ‘Administrative body’s relocation to New Capital real development’

        Sisi opens Islamic Cultural Centre in NAC

        Sisi opens Islamic Cultural Centre in NAC

        Islamic cultural center, Misr Mosque are great achievements – Presidential adviser

        Islamic cultural center, Misr Mosque are great achievements – Presidential adviser

        Madbouli discusses with French delegation key issues

        Madbouli discusses with French delegation key issues

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        Showcasing development in Rome

        Russia hits Ukraine with missiles, drones as ‘dear friend’ Xi departs

        Russia hits Ukraine with missiles, drones as ‘dear friend’ Xi departs

        Emigration min. urges Armenian investors in California to invest in Egypt

        Emigration min. urges Armenian investors in California to invest in Egypt

        Sisi greets Pakistan on Independence Day

        Sisi greets Pakistan on Independence Day

        Earthquake in Afghanistan kills at least 13, nine of them in Pakistan

        Earthquake in Afghanistan kills at least 13, nine of them in Pakistan

        • National Day
      • Technology
        ITIDA: The Abundance of Tech Talent in Egypt Helps Outsourcing Players Realize Global Delivery Goals Ahead of Time

        ITIDA: The Abundance of Tech Talent in Egypt Helps Outsourcing Players Realize Global Delivery Goals Ahead of Time

        TikTok CEO to tell Congress app is safe, urge against ban

        TikTok CEO to tell Congress app is safe, urge against ban

        LG MEA brings to region innovation-packed home entertainment line-up

        LG MEA brings to region innovation-packed home entertainment line-up

        An Era of Tokens: The Future of Payments is Moving from Money to Value

        An Era of Tokens: The Future of Payments is Moving from Money to Value

        LG Egypt signs MoU with Misr Alkheir foundation for 3rd season of LG Heroes CSR initiative for 2023

        LG Egypt signs MoU with Misr Alkheir foundation for 3rd season of LG Heroes CSR initiative for 2023

        IDSC launches ChatGPT to support decision-makers

        IDSC launches ChatGPT to support decision-makers

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          Agreement inked to enhance participation of private sector in sea water desalination – min.

          Agreement inked to enhance participation of private sector in sea water desalination – min.

          SCZone board approves number of new projects, partnerships

          SCZone board approves number of new projects, partnerships

          UK inflation jumps to 10.4%, surprising analysts

          UK inflation jumps to 10.4%, surprising analysts

          Egypt discusses joint co-operation with WB

          Egypt discusses joint co-operation with WB

          Cabinet: State exerts strenuous efforts to mitigate impact of int’l changes on community

          Cabinet: State exerts strenuous efforts to mitigate impact of int’l changes on community

          First waste-to-energy plant with German tech

          First waste-to-energy plant with German tech

          Trending Tags

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            Blow for British as Raducanu, Murray crash out in Miami

            Blow for British as Raducanu, Murray crash out in Miami

            Battle to buy Man United heats up as Sheikh Jassim, Ratcliffe submit second bids

            Battle to buy Man United heats up as Sheikh Jassim, Ratcliffe submit second bids

            Japan’s Miura and Kihara win pairs at figure skate worlds

            Japan’s Miura and Kihara win pairs at figure skate worlds

            U23 AFCON qualifiers: Senegal, Egypt pick home wins

            U23 AFCON qualifiers: Senegal, Egypt pick home wins

            Southgate challenges England to take ‘next step’ towards Euro 2024 glory

            Southgate challenges England to take ‘next step’ towards Euro 2024 glory

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            NCHR efforts in support to Ramadan drama that promotes principles of human rights

            NCHR efforts in support to Ramadan drama that promotes principles of human rights

            Egypt’s first-ever mosque shines in best form ahead of Ramadan

            Egypt’s first-ever mosque shines in best form ahead of Ramadan

            ‘Winnie the Pooh’ film pulled from Hong Kong cinemas

            ‘Winnie the Pooh’ film pulled from Hong Kong cinemas

            Health min. follows up outcome of project with Italy to improve nursing services in Egypt

            Health min. follows up outcome of project with Italy to improve nursing services in Egypt

            Gloria Dea, 1st magician on Las Vegas Strip, dies at age 100

            Gloria Dea, 1st magician on Las Vegas Strip, dies at age 100

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          Home Egypt Features

          Bridging the gap

          Meet An Entrepreneur

          by Nayrouz Talaat
          April 17, 2021
          in Features
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          Nayrouz Talaat

           

           

           

          Three years ago, Waleed Rashed, an entrepreneur who has a passion for doing business the smart way, found a huge opportunity in courier management industry in Egypt as e-commerce platforms have been booming, hence his startup VOO, launched in April 2018 to bridge the gap.

           

          EG: Why did you start and what’s the passion behind it?

          WR: Some time after the breakout of the coronavirus pandemic, many businesses went online. VOO is a platform offering couriers that supply e-commerce.

          We could see couriers in Egypt under tremendous pressure as e-commerce platforms are increasing daily. So, a third party would offer better communications between both sides and that’s where we come in.

           

          EG: What is your background?

          WR: I have been field courier management since 2013 and I founded a courier service that did an exit in 2016. So, my background helped me identifying the real needs of courier companies and I thought it was time to join the dots.

           

          EG: What are the issues you are solving and what is your value proposition?

          WR: firstly, we are a marketplace that offers a number of operating couriers in Egypt. We help e-commerce owners compare between them in terms of price and quality to be able to select what suits them.

          Clients don’t usually know who is the fastest and best priced courier when they want to deliver their products to their customers.

          Secondly, we have an assistance centre to solve delivery issues that an e-commerce might face with a courier.

          Another mission is to track couriers, spot delays and problems, and solve them on behalf of the e-commerce.

           

          EG: Tell us more about the process, users and business model.

          WR: An e-commerce owner can register online and receive a response in 15 minutes to put all the info on our system.

          Then the owner can sign an agreement online and have access to all the couriers on our platforms. Our customers can also access more services such as marketplaces and e-payment solutions through VOO. This can be another added value to their supply chain management.

          Our users are owners of small and medium companies and startups that are losing out as couriers are paying more attention to big enterprises.

          We generate revenue on a margin-system on each delivery cost as we obtain favourable price lists from our registered couriers due to high demand from e-commerce platforms.

           

          EG: What are your main challenges?

          WR: Time. E-commerce is highly diverse and growing rapidly. We need much more couriers to meet such a huge demand.

           

          EG: What are your achievements and coming plan?

          WR: So far, we have raised seed funds from Alex Angels, a group of angel investors, and 500 startups, a venture capital.

          We have made many partnerships with more service providers in e-payment, a marketplace integration that add more to the services offered to our users.

          We have hit more than 600 e-commerce owners to date. Of course, we are looking forward to expanding.

          ER: Do you find the ecosystem is helping you?

          WR: Yes. The ecosystem is part of building our business as it connects us to all the stakeholders and startups owners, as well as suppliers to grow our network and business database.

          Tags: bridgee-commerce platformsstartup VOO
          Nayrouz Talaat

          Nayrouz Talaat

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