Logistics

The investment makes Bykea one of the most funded startups in the country.

Porter is focusing on first-mile logistics whereas Pakde’s core business is e-commerce warehousing.

This new move comes after Best launched express delivery services within Malaysia in July, following fast growth in Thailand and Vietnam.

Flytrex debuted its delivery services in August 2017 in Reykjavik and is now bringing those capabilities to the United States.

According to Moovaz CEO Junxian Lee, conversation with GetVan had been ongoing for eight months before the deal was sealed.

The company just bagged USD 30 million in a pre-Series B round led by Future Capital and Shunwei Capital.

The Chinese internet giant showed off a series of next-gen products at the Apsara Conference in Hangzhou.

Waresix connects shippers and businesses with transporters and warehouse space across Indonesia.