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logistics firm jandt express goes public raising over 450 million dollars
J&T Express went public on the Hong Kong Stock Exchange in October 2023, raising over US$451 million despite challenging market conditions. The company, which delivered nearly 25 billion parcels in 2024, focuses on Southeast Asia and China, leveraging ecommerce growth while navigating increasing competition. Meanwhile, Indonesian coffee startup Kopi Kenangan has expanded into India, planning to open over 10 outlets by 2025, with a long-term goal of 50 stores.
love bonito embraces change with expansion and brand refresh in 2024
Love Bonito, the Singapore-based fashion platform, expanded into Southeast Asia in 2023, focusing on markets like Thailand and Vietnam, while many peers target Western audiences. Despite laying off 7% of its staff, the company aims for profitability this year, continuing to refresh its brand and offerings.
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