Logistics

The three “mega-city clusters” JD logistics is targeting accounted for 40% of China’s GDP in 2018.

The company will handle deliveries for e-commerce shipments.

7Fresh is an offline fresh-food store launched by JD.com in January 2018, and a direct rival to Alibaba’s Hema supermarket chain.

The JV will be leveraging both sides’ strength to build a global logistics network and supply chain service platform.

The company already has presence in Malaysia, Singapore, Thailand, and Indonesia

Digital transportation management and logistics firm Inteluck has raised a USD 1 million Series A from China-based early-stage VC Mingshi Capital, 36kr reports. Founded in 2015, Inteluck has evolved i

KrASIA is keeping an eye on startups that are adapting to Southeast Asia’s evolving economies.

Yodi Aditya who had founded Kargo.co.id, a local startup with a similar concept in 2016, is the new firm’s CTO.