Logistics
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Trends
Uber commits $200 million to Uber Freight expansion in bet on trucking and Chicago
Uber Freight is establishing its headquarters in Chicago as part of Uber’s broader plan to invest more than $200 million…
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STARTUPS
Reefknot Investments launches $50 million fund to invest in logistics and supply chain startups
Reefknot Investments, a joint venture between Temasek, Singapore’s sovereign fund, and global logistics company Kuehne + Nagel, announced today the…
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STARTUPS
Anvyl, looking to help D2C brands manage their supply chain, raises $9.3M
Growing D2C brands face an interesting challenge. While they’ve eliminated much of the hassle of a physical storefront, they must…
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Trends
Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia
Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country…
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JD.com’s logistics arm raises a $218 million investment fund
The logistics division of JD.com, Alibaba’s closest e-commerce competitor in China, has raised 1.5 billion yuan (about $218 million) to…
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Nowports raises $5.3 million to become Latin America’s digital shipping answer to Flexport
Nowports, a developer of software and services to track freight shipments from ports to destinations across Latin America, has aims…
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Walmart announces it will fully integrate Jet’s teams, but Jet will remain a standalone brand
Three years after acquiring Jet for $3 billion, Walmart announced today that it is now more fully integrating Jet’s teams…
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