Logistics

Shipper is the latest logistics startup to receive tens of millions in investment this year.

Expenditures for new initiatives and fierce competition were cited as the main reasons for the losses.

Gojek started as a ride-hailing provider. It is now far more than that.

The company managed to increase the number of daily active deliverymen from 490,000 to more than one million since 2018.

Suning will be able to sell assets through REITs, initial public offerings, and equity transfers.

Lalamove’s risk-taking founder has prioritized the firm’s expansion over basic safety fundamentals, critics say.

The company says it transported about 700,000 containers in 2020.

KrASIA’s fortnightly Morning Briefing dives into the business models in China’s express delivery sector and examines the case of JD Logistics, and considerations for its recently submitted IPO.