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Alibaba Backs Indian eComm Logistics Firm With $10M Infusion
Investments // December 26, 2019

Chinese eCommerce behemoth Alibaba is supporting the Indian logistics startup XpressBees with a $10 million investment, DealStreetAsia reported Thursday (Dec. 26). The investment is likely an extension of the startup’s 2017 Series D funding round, according to the company’s latest regulatory filings, the financial intelligence...

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Alibaba Backs Indian eComm Logistics Firm With $10M Infusion

December 26, 2019
Chinese eCommerce behemoth Alibaba is supporting the Indian logistics startup XpressBees with a $10 million investment, DealStreetAsia reported Thursday (Dec. 26). The investment is likely an extension of the startup’s 2017 Series D funding round, according to the company’s latest regulatory filings, the financial intelligence platform Paper.vc reported, DealStreet said. Alibaba invested $35 million in […]