China’s ZTO Express to raise $1.6 bn in Hong Kong listing
The logistics company is selling 45 mn shares in the offering...
Category : Logistics
Indonesian logistics startup Waresix closes $100 mn funding round
Participating investors include Softbank Ventures Asia and Indonesian conglomerate Emtek...
Dubai-based logistics company Fetchr secures $15 mn funding
The funding will help the company expand to China, the US, the UK and the EU region...
JD Logistics to acquire controlling stake in Kuayue Express for $432 mn
Reports suggest JD Logistics has already signed an agreement...
IFC invests $70 mn in Vietnam-based Indo Trans Logistics
This is IFC’s first investment in Vietnam’s logistics sector...
Adnoc’s logistics unit forms JV with China’s Wanhua Chemicals
The JV, called AW Shipping, will own and operate a fleet of very large gas carriers (VLGCs) and modern product tankers...
JD.com to invest $100 mn in HK-based supply chain manager Li & Fung
Both parties will accelerate the development of digital supply chain...
DP World to open its first logistics centre in Ecuador
The centre is located in the district of Duran and is 90% complete...
Australian logistics startup Shippit launches in Singapore
It has partnered with Shopify to provide its cash-on-delivery service...
KPC spends Sh1.8 bn to revive Nairobi-Nanyuki Railway
The Kenyan government is expected to generate more than Sh370.4 million revenue annually with the project's revival...