Announced
Financials
Sources
Tags
Venture Capital
Pending
Cross Border
Friendly
Minority
Single Bidder
postal sevices
express logistics
Express Courier / Parcels
Private
China
Acquisition
Private Equity
Synopsis
Trustbridge Partners, a private equity firm, leads a $400m funding round in Hive Box, a self-service package drop-off and pick-up services provider. Other investors include Asia Forge, SSC Growth, Redview Capital, and All-Stars. "Not only can it help us expedite operational network and strengthen the terminal efficiency, but it will be able to advance our strategy of last-mile contactless delivery and competitive capacity," Hive Box.
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