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Logistics Firm Ups IPO Hopes To $930 Million
B2B Payments // September 08, 2017

Chinese logistics company Best is hoping to raise $930 million through a U.S. initial public offering (IPO), according to reports released Thursday (Sept. 7). The company is backed by Alibaba Group and led by Johnny Chou, former Greater China president for Google. Best had previously...

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Alibaba-Backed Best Slashes IPO Price Range

September 20, 2017
Best, the Chinese logistics company backed by Alibaba, has cut the expected price range of its initial public offering (IPO) in the U.S. According to a report in Reuters, the move happened one day before it launched its IPO in which it expects to offer 45 million American Depository Shares (ADS) to investors. The IPO’s […]

Logistics Firm Ups IPO Hopes To $930 Million

September 08, 2017
Chinese logistics company Best is hoping to raise $930 million through a U.S. initial public offering (IPO), according to reports released Thursday (Sept. 7). The company is backed by Alibaba...