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J&T Express Picks Up $2.5B In Pre-Ipo Funding

Nov 25, 2021over 3 years ago

Amount Raised

$2.5 Billion

Description

J&T Express picks up $2.5b in pre-IPO funding

Company Information

Company

J&T Express

About

The company uses automated sorting warehouses in Indonesia and Singapore for its services. The company has brought in Bank of America, China International Capital, and Morgan Stanley to handle its planned billion-dollar IPO, the sources told Reuters.