China’s ZTO Express to raise $1.6 bn in Hong Kong listing
The logistics company is selling 45 mn shares in the offering...
Tag : logistics
Indonesian logistics startup Waresix closes $100 mn funding round
Participating investors include Softbank Ventures Asia and Indonesian conglomerate Emtek...
Amazon to focus on driverless delivery, sets up new team in the UK
The team will work on Amazon Scout, the company’s fully-electric autonomous delivery service...
DP World subsidiary buys three business units of Transworld Group
by WebAdmin
The acquisition is made through DP World subsidiary Unifeeder...
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 acquire 60% stake in South Korea-based Unico Logistics
The deal is expected to be completed in the fourth quarter of 2020...