Showing 12 of 12 posts with this tag
Best Inc. plans to raise funds and reduce debts by selling a courier subsidiary. The company is negotiating with a financial adviser on a possible divestment and may seek to value the business at up to $1 billion.
BEST Inc., a smart supply chain solutions and logistics services provider in China, announced on Tuesday that it had received a letter from the New York Stock Exchange, dated January 5, 2022.
BEST Inc., a China-based smart supply chain solutions and logistics services provider, announced on Thursday that it has received notice from the New York Stock Exchange that the company has regained compliance with listing standards.
Today, BEST Inc., cooperated with Cainiao, launched its full-chain, direct logistics service to ship parcels from China to Thailand, Vietnam and Cambodia.
J&T Express, an international express logistics company, announced on Thursday that it has officially entered the Latin American market with the successful launch of its network in Mexico.
Cainiao Smart Logistics Network announced a partnership to launch a charter program with Atlas Air Worldwide Holdings, Inc. on Tuesday to enhance its logistics network as cross-border trade between China and Latin America continues to expand.
BEST Inc., a smart supply chain solutions and logistics services provider in China, announced on Wednesday that Chen Jun has resigned from his position as a director of the company.
The original shareholders He Lili and Chen Wei have withdrawn, and the new shareholder J&T Express now holds 100% of shares.
Cainiao Smart Logistics Network announced a partnership with BEST Inc. on Wednesday to launch an end-to-end logistics service between Malaysia and China to shorten delivery time for cross-border e-commerce parcels.
Logistics firm BEST Inc. has launched a SaaS tool for Douyin's live-streaming management. This tool provides services such as managing orders, distributing commissions and calculating live-streamers' potential for merchants.
The United States Securities and Exchange Commission (SEC) added 17 Chinese companies including Li Auto, Best Inc. and KE Holdings to its delisting watchlist on Thursday.
J&T Express and BEST Inc. reached an agreement on Friday to acquire the latter's express delivery business in China at a price of $1.1 billion.