Logistics
Blackstone acquires an Australian Logistics Trust stake from GIC for AUD 2.1 billion
Blackstone is including 77 premium-grade logistics properties situated in Australia into its collection with the takeover...
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Delivery Hero efforts to acquire Riyadh-based The Chefz failed for the second time in 2021
Delivery Hero is struggling in its efforts to extend its presence in the Middle East’s most...
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SpinLaunch to hurl new 440 pounds satellite system into the Earth’s orbit
SpinLaunch will use a rotating hypersonic rein and a vacuum chamber to throw satellites into the...
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Jingdong to enhance foreign investments and international clientele in 2021
JD.com Inc., otherwise known as Jingdong, is brainstorming to enhance investments abroad, one of its elite...
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DP World and INA sign USD 7.5 billion contract to invest in Indonesian seaports
Dubai-based logistics firm DP World has signed a USD 7.5 billion contract with Indonesia’s sovereign wealth...
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Vendease bags USD 3.2 million in a new seed round to deliver and expand logistics services to food businesses
Vendease, an online portal for restaurants and other food productions to purchase supplies directly from farms...
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LuLu Financial Services Phils receives grant to trade physical foreign currency banknotes in 2021
LuLu Financial Services Phils, one of the proficient financial services providers in the Philippines, has received...
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World Logistics Passport and Mexico strengthen partnership after the latter emerges as WLP Hub in 2021
The World Logistics Passport (WLP) has authenticated a memorandum of understanding (MoU) with the Mexican Secretariat of...
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Matternet, SkyGo launch 24/7 drone delivery system in Abu Dhabi
On 22nd September 2021, Matternet declared a city-spanning drone delivery route for the swift transport of...
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California-based Gatik profits with a $85 million investment through Koch Disruptive Technologies funding round
Silicon Valley startup, Gatik, is developing an independent robotic delivery service on a fixed route. The...
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