Logiq’s Food Delivery Service Introduces Car Dining for Major Shopping Mall Food Courts in Jakarta

Rhea-AI Summary

Logiq, Inc. (OTCQX: LGIQ) has launched a new food delivery service named “Dine In Your Car” at Pondok Indah Mall in Jakarta, Indonesia. This service allows customers to order from 65 restaurants directly to their vehicles via the GoLogiq app. Logiq plans to expand this service to include groceries and additional malls, responding to post-COVID consumer behavior. As of now, GoLogiq has over 128,000 app users and is experiencing a recovery in orders post-pandemic. A major fintech provider has partnered with GoLogiq to enhance the service's rollout.

Positive

• Launch of 'Dine In Your Car' service enhances customer convenience and taps into post-COVID trends.
• Partnerships with major fintech providers expand market reach and service offerings.
• Current user base of over 128,000 for the GoLogiq app indicates growing consumer interest.

Negative

• None.

NEW YORK, Oct. 14, 2020 (GLOBE NEWSWIRE) -- Logiq, Inc. (formerly Weyland Tech) (OTCQX: LGIQ), a global provider of award-winning eCommerce and Fintech solutions, has launched a new food delivery service, “Dine In Your Car,” at Pondok Indah Mall, one of the top five shopping malls in Jakarta, according to Forbes.

The new service, which delivers food orders directly to vehicles in the mall parking lot, is now available via Logiq’s GoLogiq™ food delivery app.

The service, offered under the HYPERLINK "https://www.atozgo.co.id/" atozGO Mall™ brand in Indonesia, enables users to order food from 65 mall restaurants, including The Coffee Bean & Tea Leaf, Goods Burger, Fish & Co, Doner Kebab, Hanei Sushi, Sour Sally Frozen Yogurt, and Baskin Robbins.

Additional mall restaurants continue to be added to the app, with plans to expand delivery options to include groceries from supermarkets and products from merchants operating in the mall. Logiq is working to expand the service to other malls, including two additional owned by Pondok Indah Group, as the rollout continues.

“Our inaugural launch last weekend at one of the largest malls in South Jakarta was a great success,” said Djunaedy Hermawanto, head of Logiq’s Indonesia group. “AtozGO Mall modernizes malls with a new service allowing consumers to easily see all of the restaurant menus, order and pay from the comfort and convenience of their car. We believe all major malls and food courts could benefit from using this service, especially today in this new post-COVID world.”

This news follows Logiq’s recent report that the GoLogiq food delivery service continues to recover from the pandemic lockdowns. The recent launch into residential Jakarta has helped to offset a decline in orders from office workers as they transition to work-from-home. The number of app users currently exceeds 128,000.

A major fintech provider has partnered with GoLogiq in new co-marketing effort for an expanded rollout of the food delivery service. There are also several other large local companies in discussion with Logiq that are looking to expand their service offerings through the GoLogiq platform.

For the atozGO app, download it today from Google Play or the App Store.

About Logiq
Logiq, Inc. (OTCQX: LGIQ) is a U.S.-based leading global provider of eCommerce, mCommerce, and fintech business enablement solutions. Its AppLogiq™ platform-as-a-service enables small-and-medium sized businesses worldwide to easily create and deploy a native mobile app for their business without technical knowledge or background. AppLogiq empowers businesses to reach more customers, increase sales, manage logistics, and promote their products and services in an easy, affordable, and highly efficient way. AppLogiq is offered in 14 languages across 10 countries and three continents, including some of the fastest-growing emerging markets in Southeast Asia.

The company’s subsidiary, DataLogiq, provides a data-driven, end-to-end eCommerce marketing solution for enterprises and major U.S. brands, including Home Advisor, QuinStreet and Sunrun. Its AI-powered LogiqX™ data engine delivers valuable consumer insights that enhance the ROI of online marketing spend. The company’s PayLogiq™ offers mobile payments, and GoLogiq™ offers hyper-local food delivery services. For more information about Logiq, go to Logiq.com.

Forward-Looking Disclaimer
This press release may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. Logiq cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on Logiq 's current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Logiq or its affiliates that any of its plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in Logiq’s business, including, without limitation: the fitness of Logiq’s products and services for a particular application or market, expectations of future events, business trends, financial results, and/or business transactions that may not be consummated or realized, as well as other risks described in Logiq’s prior press releases and in its filings with the Securities and Exchange Commission (“SEC”), including under the heading "Risk Factors" in Logiq’s Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and Logiq undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

Company Contact
Brent Suen, President
Logiq, Inc.
Email contact

Media & Investor Contact
Ronald Both or Grant Stude
CMA Investor & Media Relations
Tel (949) 432-7566
Email contact

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/48b60581-d656-4c36-942f-ce3de217890d

FAQ

What is Logiq, Inc.'s new service 'Dine In Your Car'?

Logiq, Inc.'s 'Dine In Your Car' is a food delivery service that allows customers to order food from restaurants directly to their vehicles at Pondok Indah Mall in Jakarta.

How does the GoLogiq app work for the new delivery service?

The GoLogiq app enables users to order food from 65 restaurants in the mall, with deliveries made directly to their cars parked in the mall.

What are the expansion plans for Logiq's food delivery service?

Logiq plans to expand the food delivery service to include groceries and additional malls in Indonesia.

How many users does the GoLogiq app currently have?

The GoLogiq app currently has over 128,000 users.

What strategic partnerships has Logiq established?

Logiq has partnered with a major fintech provider for co-marketing efforts to enhance the rollout of its food delivery service.