The United States next year PO valuation of over $3 billion to invest Ali bes Logistics

Phoenix Technology News Beijing on November 17th news, according to foreign media reports, informed sources said that the best logistics logistics company Chinese plan next year the United States started IPO (IPO). Won the best logistics group and Foxconn investment Alibaba.

informed sources said that the best logistics headquarters in Hangzhou will be the fastest at the end of January next year to start preparatory work IPO. In the earlier this year to raise $760 million of funds from more than and 10 new investors, best logistics valued at more than $3 billion. The company said the best logistics, including the logistics company rookie network of investors and the world bank private sector investment in international financial institutions, Fosun international, Softbank capital, Ali’s Chinese.

is not clear at present best logistics IPO financing scale. Best logistics has not yet comment.

China logistics company supports China’s fast-growing electricity supplier industry, they attract billions of dollars of investment. Qualcomm express last month in the United States IPO, financing $1 billion 400 million, so far this year, the largest in the u.s.. However, due to the high price of the issue price of IPO, the first day of listing closed down 15%. China will pass the IPO issue price of $19.50 per share, exceeding the issue price range of $16.50 to $18.50 range. China shares closed at $14.61 on Wednesday.

best logistics created by Google Chinese former co President Zhou Shaoning in 2007, has been developing rapidly, in Chinese established a warehouse and distribution network. BES logistics operates 400 distribution centers in China, and in the United States, Germany operates three warehouses, a warehouse. This year, the best logistics logistics business will expand to Australia, Japan and Thailand. Best logistics also provides domestic and international express delivery service for online shopping China.


2016 report shows that since 2009, Ali has conducted several rounds of investment to the best logistics, total $256 million acquisition of the shares of about 22% of the best logistics. Rookie network in the year of the best logistics investment of $165 million, received about 5% of the shares.

best logistics other existing shareholders including Zhou Shaoning, Foxconn, Goldman’s private equity investment department.

best logistics said in September, Goldman in the latest round of financing as a consultant. Chinese Everbright Asset Management Co, CITIC industrial investment fund management company Party voted for the best logistics of a new round of financing. (compiler / Xiao rain)

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