Best

company

About

Best Logistics is a logistics supply chain service provider.

  • 10001 - max

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$760M
Industries
Information Technology,Logistics,Public Transportation,Supply Chain Management
Founded date
Jan 1, 2007
Number Of Employee
10001 - max
Operating Status
Active

Best Logistics (百世物流) is a Chinese comprehensive logistics supply chain service provider. The company provides comprehensive supply chain design and logistics services for domestic and foreign enterprises through its complete and systematic partner authentication management system, professional supply chain design solution, advanced information technologies, and comprehensive self-developed operation platform GeniMax system.

Founded in 2007, Best Logistics combines internet, information technology, and traditional logisctics services to create a new subversive commercial model to integrate the large logistics industry in China. The company has established multilevel operation centers nationwide, with a distribution network that covers the whole country.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$0.93B ¥15M
Best has raised a total of $0.93B ¥15M in funding over 2 rounds. Their latest funding was raised on Jun 3, 2020 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 3, 2020 Post-IPO Equity $150M 1 Alibaba Group Detail
Sep 8, 2016 Private Equity(PE) $760M 2 Detail
Dec 31, 2012 Series D $10M 1 Detail
Jun 18, 2008 Series A $15M 1 Detail
May 1, 2008 Angel ¥15M 1 Detail

Investments

Number of Investments
Number of Lead Investments
3
0
Best has made 3 investments. Their most recent investment was on Feb 27, 2020, when Ribbon Health raised $10.25M.
Date Company Name
Round Money Raised Industry Lead Investor
Feb 27, 2020 Ribbon Health
Series A $10.25M Developer APIs
Apr 8, 2019 Jebbit
Series B $12M Advertising
Mar 26, 2015 Hello Heart
Series Unknown $1.50M Fitness

Investors

Number of Lead Investors
Number of Investors
1
5
Best is funded by 5 investors. Alibaba Group and China Development Bank International Investment are the most recent investors.
Investor Name Lead Investor Funding Round
Alibaba Group Yes Post-IPO Equity
China Development Bank International Investment Private Equity(PE)
IFC Venture Capital Group Private Equity(PE)
Chongde Hongxin Series D
Foxconn Technology Group Series A