Quiqup

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Quiqup Ltd.
Private
Industry Logistics
Founded September 2014 (2014-09)
Founder Tim Linssen, Danny Hawkins, Federico Ferraro, Bassel El Koussa and Rami Idriss
Headquarters London, United Kingdom
Services Logistics Services
Website quiqup.com

Quiqup is a London-based logistics company that provides delivery services through a network of self-employed drivers.[1][2][3] It is headquartered in London, United Kingdom. It is an example of an on-demand company, and performs the function of an intermediary between retail businesses and consumers.[4][5] As of June 2017, the company has over 120 employees and over 2000 drivers in its network.[4]

User can place orders through the Quiqup mobile and web apps to request goods from one of its retail partners, or a custom pickup from other stores. Business users use Quiqup’s B2B services to facilitate delivery.[6][7][8]

The company currently operates in London. In May 2017, it announced plans to expand to other cities in the UK and internationally.[8]

History[edit]

Quiqup was launched in September 2014 by five founders, Tim Linssen, Danny Hawkins, Federico Ferraro, Bassel El Koussa and Rami Idriss.[9] The business began with a consumer facing model, with mobile and web apps where consumers searched and placed orders.[5] In September 2015, TechCrunch reported that Quiqup had fulfilled more than 100,000 orders since launching, over a number of retail sectors including food, groceries, fashion and electronics.[10] In 2016, the business model expanded to provide a logistics service to retailers, introducing its application programming interface (API) and delivery tools to facilitate delivery operations for merchants.[6][11][3]

In May, 2017, TechCrunch reported that the company had completed over 550,000 orders since launch.[6][7][8]

Funding[edit]

In September 2015, Quiqup received an undisclosed amount of funding from a Series A round, led by food ordering service Delivery Hero and Global Founders Capital, an investment arm of the German technology firm Rocket Internet.[10] In May 2017, after raising £20 million in a Series B round led by JOBI Capital and Transmed, as well as existing investors, Quiqup announced plans to expand to other UK cities and internationally.[6]

References[edit]

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Further reading[edit]

  • ^ Clawson, Trevor. "Back Office Secrets - How London Startup Quiqup Uses Analytics To Power Its Delivery Business". 
  • ^ Prosser, David. "10 Of The Best Businesses At London Technology Week". 
  • ^ a b June 18, 2017 by: Gavin Jackson (2017-06-18). "Clever finance course mates offer helping hand to founders". Ft.com. Retrieved 2017-07-13. 
  • ^ a b "This start-up will deliver almost anything you can buy on the high street". 
  • ^ a b "Quiqup: The start-up taking on Amazon at its own game". 
  • ^ a b c d O'Hear, Steve. "Quiqup, a London-based on-demand delivery startup, raises £20M Series B - TechCrunch". 
  • ^ a b "‘As London based Quiqup secure a £20m Series B Round, Co Founder and CEO Bassel El Koussa talks on-demand logistics, e-commerce and comparisons with San Francisco’s Postmates!’ - Silicon Roundabout". www.siliconroundabout.org.uk. 
  • ^ a b c "A London startup that lets you get anything delivered raised £20 million to expand in the UK". 
  • ^ kamsyn (28 June 2016). "Quiqup Disrupts Last mile delivery a Talk with GM Michel Kaloustian". 
  • ^ a b O'Hear, Steve. "On-Demand Delivery Service Quiqup Picks Up Backing From Delivery Hero And Global Founders Capital - TechCrunch". 
  • ^ O'Hear, Steve. "Quiqup partners with Hungryhouse to let take-outs in London outsource delivery - TechCrunch".