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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Agile Yard Management with SyncroTESS INFORM’s Agile Yard Management software, SyncroTESS, optimizes the handling of load units in post and parcel centers. Through the synchronized interaction between gate, yard, and logistics center, SyncroTESS enables an efficient, transparent and optimized yard management providing: Reduced gate times […]

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