Hong Kong/Manila – May 13, 2025 – TAXIECO, a leading Asia-Pacific smart logistics technology provider, today announced the formation of a groundbreaking joint venture with the Philippines’ largest logistics network operator, TEXTS (Thaumazo Express Transport Solutions), to capitalize on Southeast Asia’s booming logistics market and rapidly growing e-commerce sector.

Photo Caption: TAXIECO Founder & CEO C.S. Lau (left) and TEXTS CEO Roselie M. Panares (right) mark the completion of the joint venture signing ceremony.

The joint venture, TEXTS-TAXIECO Smart Logistics, will deploy TAXIECO’s globally certified AI-powered dispatch system and AIoT-based logistics management platform to TEXTS’ extensive Philippines network. This strategic partnership is expected to drive up to 40% warehouse operational efficiency gains, deliver 99.97% shipment tracking accuracy, and increase supply chain transparency through blockchain-powered end-to-end data integrity.

A US$5 Billion Market Opportunity

The Philippines’ logistics market is projected to exceed US$5 billion by 2028, fueled by rising demand for e-commerce, urban delivery, and green transportation solutions. With over 2.4 billion parcels processed annually by TEXTS across 1,800 cities and municipalities, the joint venture positions itself as the largest integrated smart logistics platform in the country.

“TAXIECO’s technology-driven approach and our unmatched local footprint create a rare synergy to unlock enormous market value,” said Roselie M. Panares, CEO of TEXTS. “Together, we aim to set a new standard for modern logistics across Southeast Asia.”

Photo Caption: A milestone moment: TAXIECO CEO C.S. Lau and TEXTS CEO Roselie M. Panares officially sign the strategic partnership to revolutionize logistics and supply chain innovation across Southeast Asia.

Scalable, Sustainable and Ready for Global Expansion

The first phase of the partnership will upgrade Metro Manila’s logistics infrastructure with over 200+ smart delivery nodes and an electric vehicle fleet, projected to create 500+ new skilled tech jobs. The initiative has received endorsement from the Philippine Board of Investments (BOI) under the 2023–2028 National Logistics Modernization Blueprint.

“We view this as a strategic springboard,” said C.S. Lau, Founder and CEO of TAXIECO. “Our ultimate goal is not only to optimize logistics in the Philippines, but also to build a regional platform for future expansion into other high-growth ASEAN markets.”

The joint venture will also co-develop a next-generation Smart City Logistics Control Center, integrating real-time traffic and urban infrastructure data to contribute to the Philippines’ national objectives for smart mobility and carbon-neutral transport by 2030.

About TAXIECO

TAXIECO is a leading smart logistics technology company focused on reinventing supply chain ecosystems through cutting-edge AI, IoT, and blockchain technologies. The company serves over 200 corporate clients globally across multiple industries. For more information, visit www.taxieco.org

About TEXTS

TEXTS (Thaumazo Express Transport Solutions) is the largest logistics service provider in the Philippines, handling over 2.4 billion annual shipments nationwide. Official website: www.thaumazoexpresstransportssolutions.com

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