J&T Express
极兔
J&T Express is a global logistics operator founded in Indonesia in 2015, built initially to serve OPPO's local distribution network before riding Southeast Asia's e-commerce wave to become the region's largest courier by parcel volume within four years . The company entered China in early 2020 and scaled rapidly, reaching over 20 million daily orders within ten months ; it listed on the Hong Kong Stock Exchange in October 2023 . Its network now spans 13 countries across Southeast Asia, China, Latin America, the Middle East and North Africa , with key e-commerce partnerships including SHEIN and Temu in markets like Mexico . The company has raised approximately $5.5 billion across eight funding rounds, with backers including ATM Capital — its first institutional investor and largest winner from the IPO — alongside Sequoia China, Boyu Capital, Tencent and others .
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Coverage
Qu Tian: From *The Art of War* to the Mindset of Going Global | Late 2025
It was never a sprint.
暗涌Waves·Vol.004 | Conversation with Richard Guo: Staying Out of the Fray, But Keeping on Winning
elsewhere别处发生·A Conversation with Sam Guo: Staying Out of the Fray, but Keeping on Winning
Truck drivers, sour kiwis, counterfeit cigarettes and booze — and the legends of investing.
elsewhere别处发生·Yunqi Capital | Lead Series A investor Neolix raises over $600 million in Series D, with Yunqi Capital continuing to increase its stake
Accompanying the World's Largest L4 RoboVan Supplier in Its Continuous Evolution
云启资本·A Conversation with iMile's Cathy Huang: Winning at Cross-Border Logistics Through Systems | Dark Tide World View
From the Middle East to the World
暗涌Waves·Yunqi Capital | New Milestone: Neolix Autonomous Vehicles First to Enter the "10,000-Unit Era"
From Early Mover to Market Leader
云启资本·A Conversation with Thailand's First Unicorn Founder: From Orphan to $3 Billion CEO --- When Kavin Bhumikittikul was six years old, he watched his mother walk out the door and never come back. His father, a gambling addict, had accumulated crushing debts. The family shattered. Kavin and his siblings were sent to separate orphanages across Bangkok. Forty years later, he is the founder and CEO of Agoda, the online travel platform valued at roughly $3 billion — Thailand's first unicorn, and one of Southeast Asia's most consequential tech companies. I met Kavin at Agoda's Bangkok headquarters, a sleek glass tower overlooking the Chao Phraya River. He arrived without an entourage, wearing a company polo shirt and carrying his own laptop bag. The contrast between his current stature and his origins is almost too stark to process. Yet he speaks about both with the same even, analytical tone — as if describing data points in a business case rather than his own life. --- **"I learned to sell before I learned to read properly"** Kavin's earliest memory of commerce is selling candy to other children at his orphanage, age seven. He would buy bulk packs with his meager allowance
The fiercer the storm, the more powerful the lightning.
暗涌Waves·"White Rhino" Closes New Funding Round with SF Holding's Third Investment in a Year, Total Series B Nears 500 Million RMB | Linear Portfolio
Accelerate the scaled deployment of White Rhino in last-mile logistics.
线性资本·Mexico Under the Countdown: New Logic and Unwritten Rules
New rules will be born, one way or another.
暗涌Waves·J&T Express in Mexico: A Security Map for Every Employee | Dark Currents: World View
A courier company spent three years cracking the Mexican market.
暗涌Waves·Let's go to Mexico with Anyong | Waves Odyssey
Join us.
暗涌Waves·Chinese in Saudi Arabia: Flowers, Desert, and Dampened Dreams
A wavering journey of ambition.
暗涌Waves·Saudi Arabia Invested in a Chinese Fund
Four Years of a China Cross-Border Fund
暗涌Waves·Brain-Computer Interfaces, XR Chips Close Funding Rounds as New Products and Markets Open Fresh Chapters | Rongbao · October
Embrace the new era of growth.
高榕创投·Southeast Asia Investment Finally Has a Success Story
A Resolute Choice
暗涌Waves·New Playbook for Going Global: From "Air Force" to "Marine Corps" | FreeS Research Institute · Going Global Series
From Europe and America to Southeast Asia: How Can Chinese Companies "Gang Up" to Go Global?
峰瑞资本·
