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BEST Logistics Technology

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Hangzhou, ChinaFounded 2007
Valuation $56M Market cap · 2025
Revenue $1.14B Latest reported FY

About BEST Logistics Technology

BEST Inc. (Previously BEST Logistics) combines Internet, information technology and traditional logistics services to create new subversive business models in conformity with the colossal Chinese logistics industry, and to improve the efficiency and usage of information technology. The Chinese headquarters of BEST Inc is located in the beautiful West Lake city - Hangzhou, and has already established nowadays multi polar operations centers nationwide, whose network of distribution covers the whole country, extending until counties and townships in the remote countryside. The company's core philosophy is to invest in technology and talents. Harnessing the power of the Internet, IT and innovation, BEST is now revolutionizing the whole logistics industry, and building up a one-stop logistics and supply chain service platform to provide customers with efficient services and thus become a trustful and respectable leader in the logistics industry. Our multisided platform combines technology, integrated logistics and supply chain services, last-mile services and value-added services. BEST Cloud, our proprietary technology platform that seamlessly connects our systems with those of our ecosystem participants, is the backbone that powers our integrated services and solutions. Our logistics and supply chain services encompass B2B and B2C supply chain management, express and less-than-truckload delivery, cross-border supply chain management and a real-time bidding platform to source truckload capacity. Our last-mile services include online merchandise sourcing and store management for convenience stores as well as B2C services. In addition, we provide value-added services to support our ecosystem participants and help them grow.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2007
Headquarters
Hangzhou, China
Listing
IPO 2017
Employees
681
Open positions
11
Dealroom signal
36.6/100
Client focus
b2b
Investment activity
1 company, latest Jun 2019
Capital deployed
$0
Preferred round
SERIES A

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Jun 2024 $0 — Undisclosed ↗
POST IPO EQUITY✓Other financing Jun 2020 $150M — Alibaba ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMarginProfitMarginR&D
2026 $1.1B 0% −$79M -6.9% −$112M -9.8% $16M
2025 $1.1B 0% −$79M -6.9% −$112M -9.8% $16M
2024 $1.1B 0% −$79M -6.9% −$112M -9.8% $16M
2023 $1.1B +7.4% −$79M -6.9% $16M
2022 $1.1B -32.2% −$181M -17%
2021 $1.6B -61.9% −$160M -10.2%
2020 $4.1B — −$203M -4.9%
Company filings, research estimates and Dealroom dataBook a demo for the full financial model →

Growth signals

BEST Logistics Technology website traffic

Latest recorded traffic for BEST Logistics Technology is 210K monthly website visits, down 8.7% over the last three months. BEST Logistics Technology's team grew 16% over the past year.

Latest monthly visits210K 3-month web change-8.7% 1-year team growth+16%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Foxconn Technology Group

Series A1 investor entered at this stage

Series B and later2 investors entered at this stage

Other known investors2 additional known investors

  • China Renaissance Capital Investment
  • idi EM Partners
Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
11 countries with
team presence
🇨🇳 China39.7%
🇻🇳 Vietnam18.1%
🇲🇾 Malaysia14.2%
🇺🇸 United States12.8%
🇹🇭 Thailand8.8%
Top 5 of 11 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about BEST Logistics Technology on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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