About

ABOUT VOVIOS NETWORKS

Vovios has its origins in on-demand and last mile delivery industry. We have focused on developing the artificial intelligence (AI), last mile delivery expert scheduling system called, INTELOP, to significantly reduce the delivery operating costs while maximizing the efficiency of delivery.
Vision

VISION

Our quest is to create the cheapest most effective method for delivering small quantity items including food, grocery, and parcels. We have perfectly roprietary logistics technology built with sufficient operational experience and data obtained over the last 5 years.
Motive

MOTIVE

While the demand for delivery services has exploded alongside the massive investments into the on-demand delivery market, most of the startups struggles with NO profit margin compared to their huge top line revenue.

COMPANY STRUCTURE

Company Structure
History

HISTORY

2016


Jan

Launching services in Greater regions in Vancouver, including Richmond, Coquitlam, and Burnaby.
Reaching 200 partner restaurants in Vancouver.
Participating BC Tech Summit Conference as a delegate member.
Confirmed the meeting with the Provincial Logistics Department regarding delivering court documents.

2015


Nov

Additionally securing $700,000 (CAD) TIPS government technology development fund from South Korea.

Sep

Securing $300,000 (CAD) angel fund from South Korea’s venture capital, The Ventures.

Jul

Additionally recruiting  youth employees with the provincial government’s Get Youth Working Program & Digital Skills Youth Internship Program, assisting the nation to minimize youth unemployment rate.

Jun

Securing angel investment of $75,000 (CAD) from Taiwanese investor, Richard Liao.

May

Initiated IRAP’s R&D project.
Began working with UBC’s media crew Visually Unboxed to create PR video.
Reaching 100 partner restaurants mainly in downtown Vancouver region.

Apr

Began reaching out for potential investors for angel round fund.

Feb

Strategic partnership begins with Alchemy Technologies for Five Delivery App development.
Franchise inquiry requested from London, Ontario. (Negotiation derailment)
Third confirmation of Canada’s Scientific Research and Experimental
Development tax credit fund project.

Jan

Optimizing Wow Tasty’s operating process systems.

2014


Nov

Confirmation of the National Research Council (NRC) of Canada’s IRAP funding project for R&D in last-mile logistics & delivery lead time optimization technologies.

Sep

Finalizing the initial blueprint for Five Delivery App, applying last-mile algorithm, lead-time navigation and scheduling expert systems.

Jul

Selected as one of the top three start-up business presenters at Vancouver’s largest Angel Forum, VANTEC.

Jun

Building blueprint for scheduling expert system based on the forecast system for more efficient last-mile delivery solution.

Apr

Structure Five Delivery App features, integration of online food ordering platform with the on-demand, last-mile delivery service with scalable concept.

Mar

Big data mining is carried out based on environmental variables to forecast the times taken by the restaurant and the delivery.

Feb

Second confirmation of Canada’s Scientific Research and Experimental Development tax credit fund project.

Jan

Offline user transfer to online service. Over 80% of the traditional user base, phone ordering customers, was transferred to Wow Tasty online service.

Dec

Wow Tasty web beta service is closed, wowtasty.com is now formally open.

2013


Sep

Online food ordering platform Wow Tasty, wowtasty.com, beta web server was launched.

2012


Aug

Trademark rights for WOWTASTY was acquired.

Jan

Vovios Networks Inc., IT system based R&D company was established to support on-demand and last-mile logistics algorithmic solutions.

2011


Apr

Began restaurant’s lunch box delivery service targeting offices and schools.

2010


Nov

South Korea’s Seoul Broadcasting System’s SBS Special Production filmed Five Delivery’s success story as “Flying Steel Bag Delivery”.

Sep

Five Delivery’s delivery agents’ iPhone 3Gs App was launched.

Feb

Five Delivery’s initial version of restaurant POS System was developed.

2009


Sep

Five Delivery Ltd. was established and the food delivery service began with only 6 partner restaurants in core downtown Vancouver region.