Best Inc looking to ramp up delivery capability with IPO funds

Best Inc looking to ramp up delivery capability with IPO funds

Chinese delivery company Best Inc is reportedly looking to raise around $750m in an initial public offering (IPO) in New York. According to a report published by the South China Morning Post, Best – formerly known as Best Logistics Technologies – aims to use the funds to ramp up its capabilities and compete with the likes of SF Express, YTO Express, STO Express, ZTO Express and Yunda Express.

Best is backed by Alibaba, which owns the South China Morning Post.

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KEBA is an internationally successful high-tech company with headquarters in Linz (Austria) and subsidiaries worldwide. KEBA is active in the three operative business areas: Industrial Automation, Handover Automation and Energy Automation. The company has been developing and producing for more than 50 years according to […]

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