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Lalamove Raises $300M in Series D Funding

Posted in Updates on

Lalamove, Asia’s leading on-demand delivery & logistics service provider, closed a US $300M in its latest D1 round led by Hillhouse Capital on February 21, 2019.

Filed Under: Updates Tagged With: Fundraising, Logistics, Transportation

Hillhouse Invests in Safe Food Supply Chain Platform Caishixian

Posted in Updates on

In November 2018, Hillhouse invested in Caishixian, a subsidiary of Yonghui, China’s largest fresh food grocery chain. This is a major step forward for the sector, and will significantly modernize how companies in China source food.

Filed Under: Updates Tagged With: E-commerce, Logistics, Supply Chain

Meituan Raises $4B in Hong Kong IPO

Posted in Updates on

In one of the biggest IPOs of the year, Meituan, China’s largest online services e-commerce platform, listed in Hong Kong on September 20, 2018, raising more than $4 billion.

Filed Under: Updates Tagged With: Food, Logistics, Retail, Technology

Global Logistics Properties $11.6B Privatization Biggest Ever in Asia

Posted in Updates on

Global Logistics Properties (GLP) announced on July 14, 2017 that it would be taken private for $11.6 billion in the biggest privatization ever in Asia. The consortium of buyers for the Singaporean-based company was led by Hillhouse Capital.

Filed Under: Updates Tagged With: Acquisitions, Corporate Announcements, Logistics, Transportation

ZTO Raises $1.4B on NYSE

Posted in Updates on

On October 26, 2016, ZTO Express, one of the largest express delivery companies in the world, completed a $1.4 billion IPO on the New York Stock exchange. The listing was the largest IPO of the year at the time of listing, and the largest by any Chinese company in the US since Alibaba’s in 2014.

Filed Under: Updates Tagged With: IPO, Logistics, Transportation

JD.com Raises $1.9B in Nasdaq’s Biggest IPO of 2014

Posted in Updates on

In Nasdaq’s biggest listing of 2014, JD.com raised $1.9 billion from the public markets, in addition to a concurrent private placement from Tencent.

Filed Under: Updates Tagged With: E-commerce, IPO, Logistics, Retail

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