As part of its participation in Seamless Saudi Arabia 2024, OTO presented its future vision for developing e-shipping services. In an interview with entArabi, Mohammad AlRazaz, Co-founder and CEO of OTO, discussed the company’s key achievements and its plans for future expansion.
OTO offers a comprehensive platform for retailers and e-commerce stores, enabling them to manage, ship, track, and return all orders smoothly and efficiently. By partnering with over 300 shipping companies, OTO allows merchants full control over their shipping processes through various options, including:
- Managing private shipping contracts: The system allows merchants to easily manage and track their contracts with shipping companies.
- Purchasing shipping labels at competitive prices: OTO provides an electronic platform called the “OTO Marketplace,” where merchants can buy shipping labels from multiple companies at favorable prices.
- Using private drivers: OTO also offers merchants the option to use their own drivers for shipping via an easy-to-use application.
OTO has made significant strides in expanding beyond Saudi Arabia, reaching the UAE market and recently entering the Turkish market. This expansion is part of its strategy to strengthen its regional and international presence.
Speaking about the company’s financial backing, Mohammad AlRazaz mentioned that OTO recently secured Series A funding of $8 million, led by “Sanabil Investments,” which has enabled the company to achieve its expansion goals and future aspirations.
