J&T Express and eWTP Arabia Capital formed a joint venture.

J&T Express, a rapidly-growing international delivery company, and eWTP Arabia Capital, a venture capital firm that specializes in investing in emerging digital economies, formed a joint venture. Financial terms were not disclosed. "It's a great pleasure for eWTP Arabia to participate in this project as a partner to further support J&T Express' operations in the MENA region and fuel its global network development. Together with J&T Express, we are confident to support more tech-driven innovative companies, supply chains and brands in China, who are looking to win over the global market," Jerry Li, eWTP Arabia Capital Managing Partner.