JD Logistics Closes 8.98B Yuan Acquisition of Deppon
JD Logistics has announced that on July 26 that it closed a major transaction to acquire equity interest in Deppon.
7/28/20222 min read
Tag: #Logistics Platform
Showing 12 of 12 posts with this tag
Best Inc. to Sell Courier Division to Help Reduce Debt
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.
9/24/20213 min read
JD Logistics to Develop and Implement Thousands of Smart Delivery Vehicles Within 2-3 Years
Yu Yui, CEO of Jingdong Logistics, said that in the next two to three years, Jingdong Logistics will continue to develop and put into use thousands of autonomous delivery vehicles.
10/18/20212 min read
SF Express Unveils Unmanned Delivery Vehicles Equipped with Intelligent Containers and L4 Autonomous Driving Capability
Chinese logistics giant SF Express unveiled its unmanned delivery vehicle in Suzhou, Jiangsu Province. The vehicle is equipped with intelligent containers and interactive terminals.
9/23/20211 min read
Logistics Platform 58 Suyun Finishes First Funding Round of $250 Million
The logistics platform 58 Suyun announced on July 12 the completion of its first round of fundraising of $250 million, led by InnoVision Capital. SEE ALSO: Ali...
China’s Logistics Network Powers Medical Response
Many of China’s unicorn companies, responsible for the creation of China’s formidable logistics system, have assisted in various emergency initiatives.
2/10/20204 min read
Internal Audit at JD's Subsidiary Dada Uncovers Suspicious Behavior
On January 8th, JD.com announced that its subsidiary Dada Nexus Limited had discovered some suspicious activities during a routine internal audit.
JD Logistics Announces Comprehensive Upgrade of Hong Kong and Macao Services
On October 17th, JD Logistics announced a comprehensive upgrade of its express delivery services in Hong Kong and Macau.
Alibaba’s Cainiao Leads E-Commerce Expansion in Europe and the Middle East
On March 1, Alibaba’s logistics service Cainiao Smart Logistics Network (Cainiao) announced a partnership with Saudi Arabian airfreight flag carrier Saudia Cargo.
3/2/20213 min read
Logistics Platform GOGOX to Go Public in Hong Kong
On April 24, Chinese logistics platform GOGOX submitted an application for a public listing on the Hong Kong Stock Exchange (HKEx). Its co-sponsors are CICC, UBS, BOCOM International and ABC International.
4/25/20223 min read
JD Logistics Discussing Overseas IPO Insiders Say
The logistics unit of JD.com is eyeing a potential overseas IPO that could raise $8 – $10 billion, two insiders revealed to Reuters.
12/23/20191 min read
WorldEx Group Secures Financing, Promotes Cross-Border Logistics
Shanghai-based logistics company, WorldEx Group, announced the completion of a financing round worth several hundred million yuan, of which the Pre-A round was led by Huagai Capital.
12/27/20212 min read