Yamato: We believe HIVED’s model will offer customers a transformative delivery experience

HIVED, the all-electric delivery company, announced today a new strategic partnership and investment from Yamato, Japan’s largest delivery company.

The agreement will see both companies collaborate to leverage their respective expertise and knowledge to advance sustainable and tech-driven logistics across both the UK and Japan. As part of the agreement, Yamato will invest £2 million in HIVED.

Founded in 2021 by Co-CEOs Murvah Iqbal and Mathias Krieger, HIVED has quickly established itself as a leader in sustainable, technology-driven parcel delivery solutions, tailored to the rapidly growing e-commerce industry. Fully electric across the middle- and last-mile, HIVED is growing at around 20% month on month and already counts several top-tier brands among its customers including Nespresso, Zara, John Lewis and Uniqlo.

Yamato, which commands 47% of Japan’s logistics market and handles over 2.3 billion parcels annually, is recognised globally for its innovative use of technology to enhance efficiency and customer satisfaction.

The partnership paves the way for an ongoing exchange of ideas and best-practices between HIVED and Yamato, blending expertise gained in two of the world’s most sophisticated e-commerce and delivery markets. In particular, it will bring together Yamato’s experience in operational excellence and customer satisfaction, with HIVED’s industry-leading sustainable logistics, as well as data and tech-driven innovations.

Murvah Iqbal, CEO and co-founder of HIVED said: “This partnership represents a game changing moment for HIVED. As a world-leader in logistics, Yamato brings a wealth of knowledge and experience that will accelerate our growth and improve our operations. We are excited about what the future holds as, together, we seek to push the boundaries of what modern delivery services can offer.”

Yasuhiro Saito, Head of Innovation and Investment at Yamato Holdings said: “We are excited to partner with and invest in HIVED, recognising the future potential of its delivery network centred on digital and electric vehicle solutions. We believe HIVED’s model will offer customers new value and a transformative delivery experience. As partners, we aim to collaborate closely, exchanging business insights to drive growth together.”

The collaboration also aligns with the goals of the Hiroshima Accord between the UK and Japan, signed in 2023, which focuses on greater collaboration and investment across key strategic sectors, such as technology and sustainability.