Logistics firm J&T Express will jointly build the largest smart logistics industrial park in the Middle East and North Africa together with venture capital firm eWTP Arabia Capital and other partners in Saudi Arabia.
J&T Express, an international express logistics company, announced the launch of its express network in the United Arab Emirates (UAE) and Saudi Arabia on Friday.
अंतर्राष्ट्रीय एक्सप्रेस लॉजिस्टिक्स कंपनी जम्मू एंड टी एक्सप्रेस ने शुक्रवार को संयुक्त अरब अमीरात (यूएई) और सऊदी अरब में एक्सप्रेस नेटवर्क शुरू करने की घोषणा की।
ইন্টারন্যাশনাল এক্সপ্রেস লজিস্টিক কোম্পানি জে এন্ড টি এক্সপ্রেস শুক্রবার ঘোষণা করেছে যে এটি সংযুক্ত আরব আমিরাত (ইউএই) এবং সৌদি আরবের এক্সপ্রেস নেটওয়ার্ক চালু করেছে।
Inihayag ng international express logistic company na J&T Express noong Biyernes ang paglulunsad ng isang courier network sa United Arab Emirates (UAE) at Saudi Arabia.
According to three sources, J&T Express, an Indonesian courier company, has received $2.5 billion in its latest round of financing, and is now valued at about $20 billion.
According to media reports on Wednesday, J&T Express has completed a C1 round of financing worth $1.735 billion, bringing its valuation to $19.77 billion. J&T Express denied the report.
Xiao Jun, Vice President of JD.com and President of JDX Department, has recently departed from the company. JDX Department is the technical lab of JD.com, responsible for studying smart warehousing and logistics systems and unmanned technology.
J&T Express is reportedly negotiating with Tencent Holdings to potentially raise $1 billion. Tencent announced on Wednesday that the rumor was not true.
