At the end of Q1, JD Logistics was operating over 1,000 warehouses globally that cover 226 million square feet of space, managed by the JD Logistics Open Warehouse Platform.
According to a company blog, ForU Worldwide is able to increase operational efficiency of vehicles by 24% and reduce shipping cost by 15%.
JD.com’s logistics spinoff is rumored to list in Hong Kong by the end of the month.
TuSimple will focus on perfecting its core autonomous trucking technology on the middle mile while it relies on partners for other aspects of the technology and services required.
TuSimple, the first autonomous vehicle software developer to go public, raised $1.1B at $40 per share, above the high-end of its estimated price..
The first autonomous trucking software company to go public, TuSimple seeks up to $1.5 billion in stock sales.
TuSimple, the self-driving truck startup backed by fleets, suppliers and manufacturers, filed on Tuesday to become a public company.
U.K. delivery company Deliveroo has set its IPO price range, giving the Amazon-backed company a nearly $12 billion valuation.
Instacart may wait until after the majority of Americans are vaccinated to go public so investors can better gauge the company’s growth potential, according to a report.
Instacart may forgo the traditional path to public status and sell its shares directly to the public, according to a Reuters report.
Amazon-backed Deliveroo announces plans to go public less than a year after British regulators questioned the viability of the business.
Certain types of business models are more attractive to venture capitalists.
Saudi Arabia angry at low oil prices; consumer spend set to increase during holiday season; European wine production battles climate change.
Aramco’s breakeven cost is below $10 per barrel; Alibaba registers $1 billion in sales in 1:08 minutes on Singles Day; Chinese pork imports at an all time high.
Climate change, electric vehicles, alternative power, terrorism, and regional political conflict are significant risks to Saudi Aramco’s business, according to the company’s initial public offering prospectus.
Carrier also offers integrated parcel service
SpiceJet cargo unit aims for listing
Stock market analysts are not excited by the initial public offering (IPO) of the container- and forestry-products focused Port of Napier on New Zealand’s east coast.
Volkswagen’s spinoff of its heavy-truck unit TRATON paves the way for it to pursue Navistar further.
TRATON’s shares open at 27 euros, the low-end of the deal range, and immediately fell below that price.
