On Monday, 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.
WorldEx Group acts as a digital intelligent logistics technology company and an integrated ground logistics service platform in the global logistics industry. Founded in 2007, the company is working on developing the cross-border logistics ecosystem through upgrading technologies and building partnerships.
The company focuses on the digitalization of logistics, warehousing, customs and low-carbon transportation, intelligent logistics equipment and network in global seaports and airports.
With a team of more than 2,000 industry experts and professionals, the company operates more than 70 logistics entities in more than 20 countries and regions around the world. It works with more than 1,000 cross-border logistics partners and serving over 27,000 customers through its integrated ground logistics service platform.
Over the next three years, WorldEx Group will continue to improve the layout of its logistics service networks, increasing both its investment in digital intelligence and ground logistics, to form a complete digital intelligence cross-border logistics ecosystem.