The Chinese logistics firm Best Inc. has reportedly raised $450m in its US initial public offering (IPO). According to reports from Reuters and the Financial Times, this was at the low end of the company’s expectations – but it was still the biggest IPO by a Chinese firm in the US since ZTO Express’s raised $1.4bn last year.
Best, which is part-owned by Alibaba’s Jack Ma, has not commented on the coverage of its IPO.
KEBA, headquartered in Linz (Austria) and operating globally, is a leading provider of industrial, handover, and energy automation solutions. With around 2,000 employees, KEBA develops and manufactures innovative systems such as control and drive technology, ATMs, parcel locker and transfer solutions, e-charging stations, and heating […]
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