J&T Express
Indonesia’s J&T Express achieves positive adjusted EBITDA in 2023
Indonesian logistics service provider J&T Global Express Limited (J&T Express) have achieved positive adjusted earnings before tax, interest, depreciation, and amortization (EBITDA) for the first time, reaching $147 million in 2023, underpinned by higher revenue.
March 25, 2024
Indonesia’s J&T Express makes HKEX debut, raises $450M from global offering
J&T Global Express Limited (J&T Express), a global logistics service provider, has officially listed on the Main Board of the Hong Kong Stock Exchange on Friday under the stock code “1519”. The public offer price was HK$ 12 ($1.53) per offer Share, with net proceeds from the global offering amounting to HK$ 3.53 billion ($450 million).
October 27, 2023
China,Indonesia,SEA,Logistics,Features
ATM Capital’s Tony Qu: How to capture Southeast Asia’s next super unicorn in this golden age of entrepreneurship?
ATM Capital Founder Tony Qu discussed the various changes currently happening in the Southeast Asian technology investment sector. Based on his experiences in the venture capital industry and the years he spent in the Southeast Asian region, Tony Qu also shared his insights on investing in the region, his experience investing in unicorn J&T Express and how…
July 11, 2023
TNGlobal Insider,Opinion,Logistics
Innovation and its importance for the logistics industry: Why logistics players need to stay innovative
This upwards trend in digital users and demand for a holistic end-to-end consumer experience illustrates the need for logistics players to move the needle and implement new technologies and introduce innovative solutions – in this case, to upgrade systems to be more integrated, efficient, and bring convenience to customers.
June 16, 2023
News,Indonesia,China,Logistics
J&T Express acquires China’s Fengwang Express for $170M
Indonesia-headquartered courier startup J&T Express has on last Friday announced that it will acquire Shenzhen Fengwang Information Technology Co., Ltd. (Fengwang Information), the owner of Chinese e-commerce logistics provider Shenzhen Fengwang Express Co., Ltd. (Fengwang Express), for RMB1.183 billion ($170.09 million).
May 15, 2023
Indonesia’s J&T Express announces Lionel Messi as global brand ambassador
Indonesia-based logistics service provider J&T Express has announced football star and global sports icon Lionel Messi as its first global brand ambassador. Known for his relentless pursuit of excellence and resilience, the seven-time Ballon d'Or winner understands the continuous commitment to improvement that is at the heart of J&T Express.
November 29, 2022
News,Malaysia,FinTech,Logistics
OCBC partners J&T to offer “last mile” delivery for over 1500 couriers in Malaysia
OCBC Bank (Malaysia) Berhad (OCBC Bank) and delivery company J&T Express (Malaysia) Sdn Bhd (J&T) are collaborating to make “last mile” delivery safer and more convenient for over 1,500 couriers in Malaysia through the use of the bank’s digital collection solution OCBC OneCollect.
July 11, 2022
News,eCommerce,Singapore,Logistics
J&T Express partners Foodpanda to provide next-day deliveries in Singapore
Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…
June 16, 2022