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JD to acquire Kuayue Express at USD 432 million, in a move that may shake China’s express delivery sector

The B2B company has 50,000 employees, 13 chartered cargo planes, and 17,000 trucks handling more than 300,000 orders daily in 500 cities in China.

2 mins read
  • Senior secured debt was originally tied to USD 3 billion tender offer.

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    SoftBank revives USD 1.1 billion financing commitment to WeWork

    1 min read
  • With a growing presence of investors that cumulatively invested USD 14.5 billion in Indian startups in 2019, India is ripe for disruption by savvy entrepreneurs who are willing to go the extra mile.

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