BEAMSTART Logo

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.


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.

- Featured Sponsor -

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

Influencer Marketing Associate

Niagahoster

Yogyakarta, Indonesia

Full Time

SGD 400 — SGD 1000 monthly

English Content Writer

Hostinger

Jakarta, Indonesia

Full Time

SGD 300 — SGD 600 monthly

Fund Accountant

Decacorn Capital

Singapore

Full Time

SGD 2500 — SGD 5000 monthly

Investment Analyst

Accial Capital

Singapore

Full Time

SGD 4000 — SGD 6000 monthly

Enterprise Solution Project Manager

Hukumonline.com

Jakarta, Indonesia

Full Time

SGD 2000 — SGD 2100 monthly

Operations Executive

Yojee

Singapore

Full Time

SGD 2800 — SGD 3500 monthly

Site Reliability Engineer

Livit

Singapore

Full Time

SGD 2000 — SGD 3500 monthly

Live Streaming Operator

SIRCLO

Tangerang, Indonesia

Full Time

SGD 800 — SGD 1100 monthly

Mobile Developer

Koltiva

Jakarta, Indonesia

Full Time

SGD 1000 — SGD 1100 monthly

Engineering Manager

Pegipegi

Indonesia Bulk Terminal, Indonesia

Full Time

SGD 1500 — SGD 2000 monthly

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 - 2021 BEAMSTART. All Rights Reserved (Legal).