Indonesia's J&T Express bags over $2b funding from Chinese investors: Report

Indonesia's J&T Express bags over $2b funding from Chinese investors: Report

Jakarta, Indonesia. Photo: Sopan Sopian/Pixabay

J&T Express, an express delivery company headquartered in Indonesia, has raised over $2 billion in a new funding round backed by Chinese PE giants Hillhouse Capital and Boyu Capital, as well as Sequoia Capital China, according to a report by The Information.