MovitOn Acquires Glocalzone to Bring 1.3M P2P Logistics Users Into Web3
BeInCrypto
DePIN startup MovitOn has acquired the peer-to-peer logistics platform Glocalzone to integrate its 1.3 million users into a Web3 delivery ecosystem.Summary
MovitOn, a DePIN startup, has acquired Glocalzone, a peer-to-peer logistics platform with 1.3 million registered users and over 600,000 processed orders. This strategic acquisition allows MovitOn to bypass the challenges of organic growth by integrating an existing, active Web2 community into its Web3 infrastructure. MovitOn intends to enhance the platform by incorporating blockchain-based escrow, AI-driven courier matching, and tokenized payments, aiming to modernize traditional logistics with decentralized efficiency.
(Source：BeInCrypto)