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In total, 26 billion parcels were delivered in the first five months of 2020, up 18.4% YoY. NewsCHINA BRIEF | Logistics industry bounces back with deliveries up 41% in May1 min read
The Singaporean relocation company expects more consolidation in the sector. NewsMoovaz bought SPH magazine because of “strong synergy”, plans another acquisition, says CEO2 mins read
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The firm plans to list under the symbol “DADA” on the Nasdaq Stock Exchange. NewsCHINA BRIEF | Online grocery delivery firm Dada Nexus to raise up to USD 280.5 million in US IPO1 min read
Ehang is the world’s first autonomous aerial vehicle company approved to conduct commercial trials of passenger drones for transporting heavy cargo, it says. NewsChinese flying taxi maker Ehang gets approval to test drone deliveries for cargo weighing over 150kg3 mins read
The company shipped 8.8 million parcels in the region, up from 237,000 one year earlier. NewsCHINA BRIEF | Alibaba-backed logistics firm Best widens net loss, expands in Southeast Asia1 min read
With ride-hailing down, the company is turning its drivers into couriers. NewsCHINA BRIEF | Hello Chuxing turns to delivery sector as COVID-19 hits ride-hailing industry1 min read
The company raised a total of USD 1.5 billion in venture capital funds to back its growth. NewsCashier-less convenience store Bianlifeng likely profitable in 2020, against industry trends2 mins read