Global Mofy Invests in Ethiopian Digital Freight Platform Wetruck AI to Advance Global AI Strategy and Drive Logistics Innovation in Africa

Rhea-AI Summary

Global Mofy AI Limited (Nasdaq: GMM) has completed a strategic investment in Wetruck AI, an Ethiopian digital freight platform, marking its first entry into the African market. Wetruck AI is developing a digital freight platform and mobile application set to launch in late 2025, featuring intelligent capacity matching, real-time tracking, dynamic pricing, and automated document processing. The platform aims to modernize East Africa's road transportation system. Global Mofy will actively participate in Wetruck AI's development and technical architecture, leveraging its AI expertise to support growth and efficiency. Wetruck AI's founding team includes former Ethiopian freight executives, data specialists, and financial professionals, including a DHL Ethiopia Global Head of Freight. This investment aligns with Global Mofy's strategy to advance AI integration in traditional industries and expand its global presence in high-growth markets.

Positive

• Strategic entry into the high-growth African market through investment in digital freight platform
• Access to East Africa's emerging logistics market with significant digitalization potential
• Partnership provides practical industry insights and enhances Global Mofy's technology delivery capabilities
• Strong founding team with diverse international experience and industry expertise

Negative

• Wetruck AI's platform is still under development with launch delayed until late 2025
• Investment amount and terms not disclosed
• Potential risks associated with emerging market operations and infrastructure challenges

Insights

AI and Global Markets Strategist

Global Mofy's strategic investment in Ethiopian logistics platform Wetruck AI marks their first African market entry, expanding their AI technology into high-growth emerging markets.

Global Mofy's investment in Ethiopian digital freight platform Wetruck AI represents a calculated expansion into the African market, specifically targeting East Africa's underdeveloped logistics infrastructure. This marks the company's first direct entry into Africa, positioning them to capitalize on the region's growing logistics demands through AI applications.

The strategic rationale is compelling - East Africa is experiencing rapid infrastructure digitalization with significant inefficiencies in traditional road freight systems. Wetruck AI's platform, launching in late 2025, will integrate intelligent capacity matching, real-time tracking, dynamic pricing, and automated document processing - all areas where Global Mofy's AI expertise can add substantial value.

What makes this partnership particularly promising is Wetruck AI's international founding team, which includes logistics veterans from Ethiopia, data specialists, and even a current DHL Ethiopia global freight executive. This local expertise combined with Global Mofy's AI capabilities creates a powerful synergy for addressing region-specific challenges.

Beyond capital investment, Global Mofy will actively shape Wetruck AI's development roadmap and technical architecture, potentially creating a showcase for their AI solutions in emerging markets. This represents a strategic portfolio diversification beyond their core business of virtual content production and 3D digital assets.

For investors, this signals Global Mofy's commitment to finding practical applications for their AI technology in traditional industries with high digitalization potential. The company is clearly positioning itself not just as a technology provider but as an enabler of digital transformation in foundational sectors across high-growth markets globally.

BEIJING, June 09, 2025 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets for use in the broader digital content industry, today announced that it has completed a strategic investment in WETRUCK TECHENABLE SOLUTIONS PLC (“Wetruck AI”), a digital freight platform headquartered in Ethiopia. This investment marks Global Mofy’s first direct market entry into Africa and represents a key strategic initiative to accelerate the industrial application of AI in high-growth, under-digitized sectors.

Africa, particularly the East African region, is undergoing a pivotal stage of infrastructure digitalization. As regional trade continues to grow and logistics demand increases, traditional road freight systems are increasingly challenged by inefficiencies and limited transparency. Global Mofy believes there is significant potential to improve these systems through AI-driven freight platform integration, process visibility, and intelligent capacity matching. The company views East Africa as a promising market for applying AI to enhance infrastructure operations and support the digital transformation of the real economy. Through this strategic investment, Global Mofy is also advancing the adoption of AI technologies in emerging markets and reinforcing its international presence.

As part of its international expansion strategy, and beyond capital investment, Global Mofy will play an active role in shaping Wetruck AI’s development roadmap and technical architecture. The Company will leverage its expertise in AI and digital system design to support Wetruck AI’s growth, operational efficiency, and platform scalability.

Wetruck AI was founded by an international team with core members from the United States, Germany, and Ethiopia. The team brings professional expertise across logistics operations, data technology, financial management, and corporate strategy. Its founding members include former executives from leading Ethiopian freight companies, data specialists educated at globally recognized institutions, financial professionals with extensive experience in venture incubation and cross-border capital operations, as well as a local industry advisor currently serving as Global Head of Freight at DHL Ethiopia. This combination of diverse backgrounds and hands-on experience provides a solid foundation for Wetruck AI’s continued success and market expansion in East Africa.

Initial and core product of Wetruck AI is its digital freight platform and mobile application designed to modernize and optimize the road transportation system in East Africa, which is under development and will be launched in late 2025. The platform integrates key functions such as intelligent capacity matching, real-time tracking, dynamic pricing, and automated document processing, creating a more efficient and transparent freight service network. With a built-in smart pricing engine and GPS-enabled shipment tracking, the system enhances matching efficiency, reduces operational costs, and accelerates the digitalization and standardization of freight logistics across the region. Backed by advanced AI algorithms and strong data capabilities, Wetruck AI is well positioned to transform the road freight landscape in African markets and drive the sector toward greater intelligence and performance.

This investment represents Global Mofy’s latest step in advancing the integration of AI with traditional industries. It also reflects the company’s continued focus on the digital transformation of high-potential markets. Through this investment, Global Mofy aims to gain practical industry insights applicable to global markets, further enhance its technology delivery capabilities, and strengthen the competitive edge of its AI-driven solutions.

“Africa represents one of the most promising regions for sustainable economic growth, especially in foundational industries like logistics and transportation,” said Mr. Haogang Yang, Chairman and CEO of Global Mofy. “We observe long-term value in the region’s transition toward intelligent infrastructure and the modernization of critical industries. Wetruck AI has demonstrated significant potential in the digital freight sector. This strategic investment reflects our commitment to global expansion and our broader vision of leveraging advanced AI technologies to empower traditional industries across high-growth markets. We will continue to scale our international presence and deliver enduring value for our shareholders through innovation and strategic execution.”

About Global Mofy AI Limited

Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary “Mofy Lab” technology platform, which consists of interactive 3D and artificial intelligence (“AI”) technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. Global Mofy is one of the leading digital asset banks in China, which consists of more than 100,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.cn/ or ir.globalmofy.cn.

Forward-Looking Statement

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. These forward-looking statements include, without limitation, the Company’s statements regarding the expected trading of its Ordinary Shares on the Nasdaq Capital Market and the closing of the Offering. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Global Mofy AI Ltd.
Investor Relations Department
ir@mof-vfx.com

FAQ

What is Global Mofy's (GMM) strategic investment in Wetruck AI?

Global Mofy has invested in Wetruck AI, an Ethiopian digital freight platform, marking its first entry into Africa to advance AI integration in logistics and transportation sectors.

When will Wetruck AI's digital freight platform launch?

Wetruck AI's digital freight platform and mobile application are scheduled to launch in late 2025.

What features will Wetruck AI's platform include?

The platform will include intelligent capacity matching, real-time tracking, dynamic pricing, automated document processing, and GPS-enabled shipment tracking.

Who are the key members of Wetruck AI's founding team?

The founding team includes former Ethiopian freight executives, data specialists, financial professionals, and a Global Head of Freight at DHL Ethiopia.

How does this investment align with GMM's global strategy?

The investment advances Global Mofy's goals of integrating AI with traditional industries, expanding globally, and gaining practical insights in high-growth markets.