logistics - Asia Tech Wire

logistics

2022.03.24

03:57

Amazon to invest over $100 million for logistic base in Turkey

Asian Tech Press (Mar. 24) -- Amazon.com Inc said Wednesday it will inves over $100 million to build a logistic base in Turkey.

2022.01.18

09:12

China's BEST Says It Received NYSE Delisting Warning

Asian Tech Press (Jan 18) -- BEST announced that the company received a letter from the New York Stock Exchange dated January 5, 2022, notifying the company that it does not meet the applicable price criteria of the NYSE's continued listing standards.

2022.01.07

05:52

Indonesia's J&T Express officially operates express network in UAE and Saudi Arabia

Asian Tech Press (Jan 7) -- Indonesian logistics company J&T Express announced the launch of its express network in the United Arab Emirates (UAE) and Saudi Arabia on Thursday.

2021.11.25

04:27

Indonesian logistics company J&T Express raises another $2.5 billion ahead of IPO

2021.11.09

10:27

Alibaba's logistics arm Cainiao launches smart logistics hub in Liege, Belgium

Asian Tech Press (Nov 09) -- Cainiao Smart Logistics Network Limited, Alibaba Group's logistics subsidiary, established its first smart logistics hub at Liege Airport in Belgium.

2021.10.29

11:09

J&T Express to acquire BEST Inc's China express business for $1.1 billion

Asian Tech Press (Oct 29) -- Indonesian logistics company J&T Express agrees to acquire Chinese express company BEST Inc (BEST:New York)'s express business in China for $1.1 billion.

2021.08.16

06:18

Alibaba's logistics arm launches 7 weekly China-Singapore direct flights

Southeast Asia has become an emerging e-commerce hotspot, with the total e-commerce volume in the region expected to grow by 14.3% this year, according to Emarketer. Considering that e-commerce transactions account for only 4.6% of overall retail sales this year and the continued impact of the epidemic, the region's e-commerce potential is enormous.

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