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BEST Logistics Technology
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 dataKnowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jun 2024 | $0 | — | Undisclosed | ↗ |
| POST IPO EQUITY✓Other financing | Jun 2020 | $150M | — | Alibaba | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Open positions
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
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
- CIChina Renaissance Capital Investment
idi EM Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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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