
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.
Showing 12 of 12 posts with this tag
JD Logistics has announced that on July 26 that it closed a major transaction to acquire equity interest in Deppon.
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.
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.
Chinese logistics giant SF Express unveiled its unmanned delivery vehicle in Suzhou, Jiangsu Province. The vehicle is equipped with intelligent containers and interactive terminals.
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...
Many of China’s unicorn companies, responsible for the creation of China’s formidable logistics system, have assisted in various emergency initiatives.
On January 8th, JD.com announced that its subsidiary Dada Nexus Limited had discovered some suspicious activities during a routine internal audit.
On October 17th, JD Logistics announced a comprehensive upgrade of its express delivery services in Hong Kong and Macau.
On March 1, Alibaba’s logistics service Cainiao Smart Logistics Network (Cainiao) announced a partnership with Saudi Arabian airfreight flag carrier Saudia Cargo.
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.
The logistics unit of JD.com is eyeing a potential overseas IPO that could raise $8 – $10 billion, two insiders revealed to Reuters.
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.