DIYI BOX

About DIYI BOX

Founded in 2013, DIYI BOX is a logistics company headquartered in Shanghai, China, that has developed an online supply chain management platform and provides delivery services. The company specializes in resolving the "last mile" delivery challenge through its network of intelligent express cabinets.

The service operates through smart delivery terminals where couriers can place packages into a secure locker. The system then automatically sends a notification with a unique password and the locker's location to the recipient's mobile phone. The recipient can then retrieve their package at their convenience by entering the code, which enhances the efficiency and security of the delivery process. These smart lockers are widely utilized in various locations such as residential communities, university campuses, and business offices to improve overall logistics efficiency and service quality.

The business model addresses the mismatch between courier delivery times and recipient availability. Revenue can be generated by charging either the courier for dropping off a package or the end-user for pickup. The company operates in the logistics and supply chain technology sector. Since its founding, DIYI BOX has received venture capital funding, including a Series A round in January 2017, with investors such as ZhenFund, Bangming Capital, and Chengdu Santai Holding Group Company.