KARACHI: Cordoba Logistics & Ventures Limited (“CLVL”) and foodpanda Pakistan signed an MoU under which CLVL will facilitate foodpanda riders in acquiring motorcycles on an affordable basis to operate on the platform. The partnership extends across the country, offering foodpanda riders the necessary means to participate in the growing e-commerce sector, creating sustainable economic opportunities and driving financial inclusion.
The program also aligns well with the UN’s Sustainable Development Goal 8, focusing on ‘decent work and economic growth’, and once launched will help create more flexible working opportunities across the community. The pilot project will start in June with an aim to scale it across Pakistan over the next several months.
Speaking on the occasion, Chairman CLVL, Mr. Zeshan Afzal said: “This strategic partnership to implement SDG – 8, will promote inclusive and sustainable economic growth, create flexible economic opportunities, and decent work for all. We hope that this initiative will prove to be a stepping stone for even greater collaborations between both the organisations.”
“Opportunities like these help fulfill the ever growing demand for creating avenues of livelihood for the youth,” said Muntaqa Peracha, Managing Director foodpanda Pakistan. “I am glad that this collaboration will further facilitate our existing and potential riders as we continue striving for excellence and vow to support our heroes.”
About Cordoba Logistics & Ventures Limited (“CLVL”):
CLVL is a listed Company on the PSX, with Elahi Group of Companies (EGC) as the major sponsors. CLVL aims to become a long term infrastructure provider / aggregator of commercial vehicles to major players in transport and logistics sector. CLVL, through its “ventures” portfolio, holds equity stakes in CottonCandy (Children Clothing Retail Pvt Limited), Investorslounge (Finox Pvt Ltd.) and Trukkr Pvt Ltd.
foodpanda is a leading delivery platform in Asia dedicated to bringing consumers a wide range of food, groceries and more, quickly and conveniently. Powered by technology and operational excellence, foodpanda is spearheading the growth of quick-commerce (q-commerce) across the region with its network of retail partners, as well as pandamart cloud stores to provide more on-demand options beyond the millions of food delivery options. foodpanda operates in more than 300 cities across 11 markets in Asia – Singapore, Hong Kong, Thailand, Malaysia, Pakistan, Taiwan, Philippines, Bangladesh, Laos, Cambodia, and Myanmar. foodpanda is a subsidiary of Delivery Hero, a global leader of the food delivery industry.