Proof of Usefulness Report

GOGOX

Analysis completed on 1/22/2026

+614
Proof of Usefulness Score
Category Standard

GOGOX is a major, publicly listed logistics platform (HKEX: 2246) with verifiable scale (~$90M+ USD annual revenue, ~600 employees). However, the project submission itself is of extremely low quality, providing vague claims ('everyone', 'most people'), incorrect tags ('art'), and an outdated or historical peak valuation ($1B) rather than current metrics (~$18M market cap). While the real-world utility and reach are indisputably high, the score is penalized heavily by the lack of effort and precision in the submission, alongside the company's current financial struggles.

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Score Breakdown

Real World Utility+180.0
Audience Reach Impact+171.0
Technical Innovation+52.5
Evidence Of Traction+170.0
Market Timing Relevance+70.0
Functional Completeness+2.5
Subtotal+646
Usefulness Multiplierx0.95
Final Score+614

Project Details

Project URL
Description
GOGOX is the first on-demand logistics and transportation platform in Asia. As a pioneer among tech and logistics startups, we transform the logistics industry, by making use of the trending sharing economy concept and embracing the beauty of simplicity and efficiency.\n\nOver the years, GOGOX has expanded its business from Hong Kong to Singapore, South Korea, Mainland China, Taiwan and India and will continue to expand globally. If you share our vision and enjoy working in a creative, innovative and fun environment, apply to join our team and start your GOGOVanture today.

Algorithm Insights

Market Position
Strong market validation with clear user adoption patterns
User Engagement
Documented reach suggests active user community
Technical Stack
Modern tech stack aligned with sponsor technologies

Recommendations to Increase Usefulness Score

Document User Growth

Provide specific metrics on user acquisition and retention rates

Showcase Revenue Model

Detail sustainable monetization strategy and current revenue streams

Expand Evidence Base

Include testimonials, case studies, and third-party validation

Technical Roadmap

Share development milestones and feature completion timeline