Fastcoo announced that it has signed an agreement with Garag, that is specialized in the cold transport of medicines and medical supplies as well as clinical samples on January of 2021, according to which Fastcoo has acquired shares of that company, and we will provide you with all Details regarding this agreement and its importance for FASTCOO.
Fastcoo for Logistic Technology Services
Fastcoo is considered one of the strongest technology companies specialized in logistical business, which has an endless number of innovative technological solutions with an expert staff, which qualifies it to be among the best companies that provide logistical technology services in the Kingdom of Saudi Arabia & the region.
The most distinctive feature of Fastcoo is that they provides the best and fastest ways to complete your operations, and this was evident in the superiority of Fastcoo’s system over many of its competitors while meeting the desires of dozens of companies to be at the forefront of companies specialized in providing logistical technology services in the Kingdom of Saudi Arabia & the whole Middle-East market.
Fastcoo has joined the Incubator program provided by STC, the inspireU program, which is one of the strongest and most prominent programs specialized in accelerating and supporting business. Fastcoo, although it is a newly emerging company, provides a number of distinguished technical logistics services.
FASTCOO’s acquisition of GARAGE shares
Fastcoo announced that it has signed an agreement with the GARAG, which specializes in the cold transport of medicines and medicines and medical supplies as well as clinical samples, according to which Fastcoo acquired shares of the GARAG, in order to contribute to achieving cooperation between the two companies, which will give many opportunities for growth with the possibility of Achieving the strategic goals of both companies.
The purpose of Fastcoo’s acquisition of shares in GARAG
Fastcoo declared its objectives behind that agreement, through which it aims to expand its scope and contact with the US market, which in turn will contribute to the exchange of experiences that meet the various requirements and needs of the logistics sector.
Providing an opportunity for Fastcoo to enter the US market
Perhaps one of the most important goals of Fastcoo in the context of its expansion and growth is contact with the outside world, and that agreement between it and GARAG will contribute to providing an opportunity for Fastcoo to enter the US market, and it will also participate in obtaining many distinguished experiences related to refrigerated logistics services In the kingdom.
The importance of the deal for Fastcoo
Mr. Hasan Jabarti, the founding partner of Fastcoo, announced the great importance of such an agreement for Fastcoo, and explained that through it, Fastcoo will be able to continue expanding the growth of its products and multiplying its digital logistics solutions specialized in the transport and storage sectors.
Also, this agreement, which is in the form of a partnership between each of the two companies, will improve the market value of Fastcoo and its partners, by exchanging experiences between the two companies, and thus the deal is a great opportunity to create advanced national logistics services that are compatible with what the market and customers need.
About the US startup GARAG
The US based startup GARAG is a newly founded in 2018, it operates as a transportation and logistics provider for the health sector in California.
It has recently leveraged its technology with a logistic intelligence engine and intelligent logistics algorithms to provide a complete view of customer needs, and is seeking to expand in the future.