Ninja Van logistics now worth more than $1 billion after raising another $578 million to scale

One of Ninja Van's latest investors include China's Alibaba Group.

Kenneth Ho

27 Sep, 2021

Ninja Van logistics now worth more than $1 billion after raising another $578 million to scale | BEAMSTART News

- From our Sponsors -

Ninja Van, a Singapore-based logistics startup company, is poised for massive growth across the region.

In a recent announcement, the company mentioned that it has successfully raised $578 million in a Series E funding round, with Alibaba Group as one of its investors.

Key Highlights

  • Ninja Van's Series E round included the participation of existing investors (GeoPost, B Capital Group, Monk’s Hill Ventures, and Zamrud), and new investor Alibaba Group.
  • The new round of funding brings Ninja Van's valuation past $1 billion.
  • Funds will be used to support the company's growth across the Southeast Asian region, and beefing up its infrastructure and technology systems to support "a sustainable long-term cost structure", according to the company.

Why It Matters

  • The logistics space in Southeast Asia is still largely untapped, with many players competing for a piece of the pie.
  • At present, Ninja Van claims it delivers approximately 2 million parcels a day to over 100 million recipients.
  • Since its inception back in 2014, Ninja Van has grown to over 61,000 staff and operates across Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the Philippines.
  • Many speculate that Ninja Van could go public possibly within the next 1 - 2 years.

- From our Sponsors -

Latest Jobs

Chief Executive Officer

Healthuno Healthcare India

Chennai, India (इंडिया)

Full Time

Salary Undisclosed

React Native Developer

SegWitz Sdn. Bhd.

Bandar Puteri Puchong, Malaysia

Full Time

MYR 4000 monthly

Affiliate Marketing Manager



Full Time

SGD 2000 — SGD 2500 monthly

Senior Analyst, Product


Petaling Jaya, Singapore

Full Time

Salary Undisclosed

Strategy and Growth Lead


Jakarta, Indonesia

Full Time

Salary Undisclosed

3D Creative Designer


Singapore , Singapore

Full Time

USD 4000 — USD 7000 monthly

Business Development Manager


Kuala Lumpur, Malaysia

Full Time

MYR 10000 — MYR 30000 monthly

Business Development Intern


Damansara Uptown, Malaysia


MYR 400 — MYR 500 monthly

HR Consultant/Recruiter

Fortune Cookie Wisdom Pte Ltd

Remote, Singapore

Contract / Freelance

Salary Undisclosed

Business Development Manager


Kuala Lumpur, Malaysia

Full Time

Salary Undisclosed

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest news, events, and opportunities.


Download the Community App

Connect with the BEAMSTART Entrepreneurship Community from the palm of your hands. Connect with CEOs/Founders, Investors, Business Leaders, and Professionals. Download below to instantly form partnerships and discover opportunities:

PlayStore ButtonAppStore Button

© 2016 - 2022 BEAMSTART. All Rights Reserved (Legal).