JD.id, the Indonesian unit of JD.com, plans to build around three to four warehouses across the country this year in order to provide more efficient services to its customers.
Philippine on-demand delivery startup Mober announced it has raised a USD 7-figure funding from the logistics giant 2GO Group.
JD.com announced on Wednesday that it has entered into definitive agreements for the financing for its logistics subsidiary, JD Logistics. The total amount raised in this round is expected to be approximately $2.5 billion.
Private U.S. firm Warburg Pincus is forming a joint venture with a state-run Vietnamese company to provide logistics services in the country’s key economic and industrial zones.
FedEx Express, subsidiary of Memphis-based logistics and delivery powerhouse FedEx Corp., announced that it launches FedEx Delivery Manager service in Australia, China, Japan, Malaysia, New Zealand, Singapore, South Korea and Taiwan (Asia Pacific).
Jakarta-based logistics solutions provider Etobee has closed a post-Series A bridge round of $3.5 million, according to three people aware of the development.
JD.com, could take its logistics business public and it may consider a dual listing, JD Founder and CEO Richard Liu said this week.
Singapore-based last-mile logistics provider Ninja Van announced it has raised additional funding through Series C fundraising round.
Singapore-based e-commerce logistics startup Parcel Perform announced that it has raised US$1.1 million in seed funding led by Wavemaker Partners.
Investment firm Temasek Holdings is forming a joint venture to invest in early-stage firms developing logistics and supply chain technology.