Cross border Logistics Market - International Perspective
Update: 2024-07-24 Views: 175
The expansion path of Chinese logistics enterprises
Chinese logistics companies layout international logistics track
In February 2021, SF Holding acquired Kerry Logistics, targeting cross-border supply chains and international logistics.
In February 2021, CTS International Logistics acquired JCEX to improve the overall layout of cross-border e-commerce logistics.
In May 2021, JD Logistics and ANE Logistics went public in Hong Kong
In October 2021, J&T fully acquired Best Express
In December 2021, China Logistics Group Co., Ltd. was established, and the "national team" in the logistics field was launched.
In February 2022, Kerry Logistics acquired Topoocean, and the largest freight forwarder on the US route emerged.
International logistics giants actively layout
Logistics giants and shipping companies continue to form strong alliances through mergers and acquisitions
In September 2021, Maersk acquired HUB B2C Europe、Visible SCM, European e-commerce logistics has become Maersk's current strategic focus area;
In May 2021, the world's leading freight forwarding company, Kuehne + Nagel, acquired Apex to complement its endogenous growth strategy and consolidate its position as a top logistics service provider in Asia.;
In August 2021, Danish international logistics giant DSV acquired the global sea and air freight services of Asia's GIL, rising to the third place in the world.
In November 2021, Meiming International Logistics Co., Ltd., a subsidiary of AMASS Global Network Group, officially opened for business and expanded its presence in the Asia Pacific region
Logistics technology companies are favored by capital
In May 2021, Worldwide Logistics Co., Ltd.announced the completion of a new round of financing worth 1.7 billion RMB, accelerating the integration of industry and technology.
In July 2020, Zongteng Group announced that it had obtained a C1 round of 500 million yuan financing, which is one of the largest single financing deals in China's cross-border logistics industry in recent years.
In May 2021, QYN announced to the public that it had completed a $100 million D1 round of financing, breaking the record for a single financing by a Chinese enterprise in the field of international logistics digitization.
In August 2022, Geek+ announced the completion of a $100 million financing round, with joint contributions from Intel Capital, Xiangfeng Growth Fund, and Qingyue Capital, resulting in a post investment valuation of over $2 billion.
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