NEWS WRAP: J&T Express posts revenue, profit gains as Southeast Asia unit booms
The logistics company handled around 14 billion parcels in the first half of this year, with strong growth in Southeast Asia and new markets in South America, Africa and the…
Alsco delivers new application on rocky road to a Hong Kong IPO
Slowing growth, a shaky valuation and high receivables could cloud the latest listing attempt by China’s top provider of reusable packaging materials for the auto sector Key Takeaways: Alsco has…
Qudian: A slow-motion privatization?
The company said it is contemplating winding down its last-mile delivery service after stiff competition caused its revenue to plunge in the first quarter Key Takeaways: Qudian’s revenue fell by…
BRIEF: S.F. Holding reports first-quarter profit, revenue growth
Logistics firm S.F. Holding Co. Ltd. (6936.HK, 002352.SZ) reported on Monday its revenue rose 6.9% year-over-year to 69.8 billion yuan ($957 million) in the first quarter, while its net profit…
BRIEF: China gives nod for Smart Logistics Global’s Nasdaq IPO
Business-to-business logistics company Smart Logistics Global Ltd.’s plan to list in the U.S. was formally registered by China’s securities regulator, paving the way for its Nasdaq IPO. According to the…
BRIEF: J&T Express’ first-quarter parcel volume rises 31.2%
Logistics company J&T Express Global Ltd. (1519.HK) announced on Thursday its parcel volume reached 6.6 billion in the first quarter, up 31.2% year-on-year. The company handled an average of 73.3…
NEWS WRAP: Lalatech targets new markets as global contribution grows
The intra-city logistics company said it plans to further expand to the Middle East this year, as its international business becomes a major growth driver By Doug Young Logistics…
