J&T Global Express and SF holding announce strategic cross-shareholding to build a new global smart logistics ecosystem
15 Jan 20263 min read
Summary
- J&T Express and SF Holding entered a HKD8.3 billion cross-shareholding agreement, with SF Holding acquiring 10% of J&T Express and J&T Express taking about 4.29% of SF Holding through mutual share issuances.
- The partnership combines J&T’s strong last-mile networks across 13 countries with SF Holding’s strengths in first-mile, line-haul, and cross-border logistics to build a more efficient and resilient global logistics network.
- Both companies aim to better support Chinese firms expanding overseas and capture opportunities from the rapid growth of cross-border e-commerce through enhanced end-to-end logistics solutions.
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