As investors pour money into China’s logistics and warehousing companies, which are critical to the country’s booming eCommerce infrastructure, one business has its sights set on raising $700 million before impeding plans to go public. Get the Full Story Complete the form to unlock this...
With its eyes on improving logistics for its ever-expanding global plans, The Alibaba Group is exploring a partnership with Hangzhou-based logistics firm Best Logistics Technology Company, with a specific goal of developing cloud-based logistics services, according to Beijing-based newspaper The Economic Observer. Get the Full...
September 08, 2017
Chinese logistics company Best is hoping to raise $930 million through a U.S. initial public offering (IPO), according to reports released Thursday (Sept. 7). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]
January 18, 2016
As investors pour money into China’s logistics and warehousing companies, which are critical to the country’s booming eCommerce infrastructure, one business has its sights set on raising $700 million before...
