Temasek
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News
E2open to acquire BluJay Solutions; deal valued at $1.7B
“We will provide more robust capabilities and value to our customers, unlocking a greater opportunity to accelerate our long-term growth.”
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News
JD Logistics sets IPO price, eyes $3.4B valuation
JD Logistics’ network has the ability to deliver 90% of orders within the same or next day to 99% of mainland China.
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Modern Shipper
Grab to secure $4.5B in new funding from $39.5B SPAC merger
Singapore-based Grab has finalized a SPAC merger with Altimeter Growth Corp. that will value it at $39.5 billion upon its public debut.
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Startups
Singapore and Kuehne + Nagel launch a venture fund for logistics startups
Risk-averse money is still entering the FreightTech space.
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