Manna Corporation

Manna Corporation


Launch date
Market cap
-
Enterprise valuation
€248—372m (Dealroom.co estimates Dec 2021.)
Seoul South Korea (HQ)
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DateInvestorsAmountRound
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KRW81.4b

Late VC
Total Funding€62.0m

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MannaFlex is a South Korean startup that specializes in same-day delivery services. The company operates in the logistics market, providing a solution to the "last mile" delivery problem, which refers to the final step of the delivery process when a package is moved from a transportation hub to its final destination. MannaFlex's business model is centered around providing a fast and efficient delivery service to its customers, promising that orders placed today will arrive today.

The company primarily serves customers in its local area, offering a monopoly on same-day delivery logistics. This suggests that MannaFlex's clients range from individual consumers who require quick delivery of goods, to businesses that need a reliable logistics partner to ensure their products reach their customers promptly.

MannaFlex generates revenue through the delivery services it provides. While the exact pricing model is not specified, it is likely that the company charges fees based on the size, weight, and distance of the delivery, as is common in the logistics industry.

In summary, MannaFlex is a promising startup in the logistics market, offering a valuable solution to the last mile delivery problem with its same-day delivery service. The company's focus on speed and efficiency, coupled with its local monopoly, positions it well for success in the competitive logistics industry.

Keywords: MannaFlex, South Korea, Startup, Same-Day Delivery, Logistics, Last Mile Delivery, Local Monopoly, Speed, Efficiency, Logistics Industry.